The Government is reducing the VAT rate for food and catering businesses, and for hairdressing services from 13.5% down to 9% ...

The Government’s decision to wait until next July to apply a VAT cut for the hospitality sector was taken, in part, because ...

The country’s budget deficit is expected to reach 2.6% for the full year, against an expected shortfall of 0.5%.

Russia’s plan to raise its value-added tax, or VAT, to fund soaring defense and security spending is expected to drive ...

Analysis carried out by the National Institute of Economic and Social Research suggests that it would be harmful for the ...

The Russian Ministry of Finance has proposed a bill that would raise the value-added tax (VAT) rate from 20% to 22%. Source: ...

The government’s decision to impose VAT on private schools could lead to a closure rate of between 10% and 20% within three years, says a sector specialist. Duncan Swift, partner and business ...

Value Added Tax (VAT) will increase by May 1. This is according to Finance Minister Enoch Godogwana. Responding to court action undertaken by the Economic Freedom Fighters (EFF) and Democratic ...

The Ministry of Finance of the Russian Federation has developed amendments to the Tax Code that envisage the introduction of ...

LOWERING the value-added tax (VAT) rate to 10 percent would trigger a chain of economic and fiscal consequences, according to ...

Lenders have called for National Treasury to increase the VAT registration threshold in South Africa, which has been stuck at ...

Botswana will increase its value-added tax to 14% from 12% in April, Finance Minister Thapelo Matsheka said on Monday, as the country looks to boost revenues after the COVID-19 pandemic hurt its key ...