Following demands from processed food manufacturers, the National Board of Revenue (NBR) has reduced value-added tax (VAT) on biscuits and cakes by half, lowering it from 15% to 7.5%, according to an ...

While the Treasury’s mooted 2 percentage point VAT increase is now on hold pending another sitting of Parliament on 12 March, Daily Maverick examined the data. The impact could be devastating, ...

Rising inflation is proof Labour “lied” about the impact of its private school VAT raid, Reform UK has said. Inflation jumped ...

Foreign companies operating in Vietnam must adhere to tax regulations outlined in several key laws and decrees: Circular No.

Fairview International School in Bridge of Allan said its fees would be frozen until 2027, and the Glasgow Academy confirmed there would be no increase to fees for the 2024/25 academic year as a ...

President Trump said Saturday the U.S. will treat value added tax (VAT) systems the same as tariffs, for purposes of helping ...

Still, Trump blames the VAT for the U.S. trade deficit with the European Union, which hit $236 billion in 2024, according to the Census Bureau, second only to China. “A VAT tax ...

Economic experts have warned that the UK could actually be hit harder than China by Donald Trump's new trade war tariffs, ...

Trump is embarking on what may be his most disruptive action yet for the global economy by broadening his grievances to how ...

UK government should avoid 'tit-for-tat' trade war and instead focus on diplomatic negotiations, says British Chambers of ...

Donald Trump’s latest tariff proposal could see UK exports hit with higher trade taxes, as VAT is included in tariff ...

The surprise inclusion of VAT to calculate tariffs prompts questions over the possible impact on British businesses.