The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise ...

Proposed budget contains income tax relief to limit the impact on the poor, while more necessities can be zero-rated and ...

Finance Minister's proposed VAT increase from 15% to 17% faces strong criticism from farming associations and economic ...

Sri Lanka has the lowest tax revenue collected through Value Added Tax (VAT) in South Asia while Maldives with a lower tax rate collects nearly five times more through its Goods and Services Tax (GST) ...

“Therefore, we propose to reduce the VAT threshold to 15 million tenge (US$28,822). Today, 80% of SMEs operate within these limits, so this will not have a serious impact on most SMEs,” Zhumangarin ...

Newspaper owners have urged the government to help the newspaper industry overcome the difficulties it is facing due to the current economic crisis.

Supermarket operators will now be able to claim input tax credit on the 15 percent VAT applied to consumer goods they sell.

Following Germany-wide implementation of the Value-Added Tax (VAT) App on January 1, the realized savings for customers ...

Godongwana flagged plans to hike value-added tax, without saying it would raise the rate by two percentage points to 17%.

A father said parents of children who are not turning to private schools out of choice, should be exempt from paying the ...

A potential increase to 16% or 17% in April 2025 will have a profound effect on South African households, and particularly ...

You can also use VAT Calculator Online to find out the VAT. In 2008, the standard Rate was 15%, but with time, it changed to 17%, but now the standard Vat Rate in the UK is 20%. VAT is the fixed ...