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 ...
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Income tax or VAT? Experts reveal which increase will have ‘least damaging’ impact on economy
Analysis carried out by the National Institute of Economic and Social Research suggests that it would be harmful for the ...
The Government’s decision to wait until next July to apply a VAT cut for the hospitality sector was taken, in part, because ...
The enormous tax cuts granted to the hospitality sector and apartment builders mean there was no relief for middle income ...
Cut to exit tax for investors welcomed as small first step to reform of taxation on investments but little cheer on childcare ...
British finance minister Rishi Sunak said he would extend a cut to value-added tax for hotels, cafes and restaurants until March 31 to support the sectors which are struggling with the effects of ...
Scores of sanctions from the US, EU, UK and others have weakened Russia’s economy, but not its resolve to carry on fighting.
Finance Minister Paschal Donohoe and Public Expenditure Minister Jack Chambers will announce the 2026 Budget today ...
The Government is reducing the VAT rate for food and catering businesses, and for hairdressing services from 13.5% down to 9% ...
Lenders have called for National Treasury to increase the VAT registration threshold in South Africa, which has been stuck at ...
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VAT cut to 10% could hurt government finances – DOF
Reducing the value-added tax rate to 10 percent from 12 percent could cost the government roughly P330 billion annually, derail fiscal consolidation efforts and disproportionately benefit high-income ...
Kenya levies VAT of 16 percent on a range of goods, including electricity, fuel and cooking gas, but basic items like the ...
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