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 ...

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

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

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 ...

Paschal Donohoe admits no research has been done on whether hospitality passed benefit to customers last time around, but ...

Finance Minister Paschal Donohoe and Public Expenditure Minister Jack Chambers will announce the 2026 Budget today ...

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

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

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 ...

The enormous tax cuts granted to the hospitality sector and apartment builders mean there was no relief for middle income ...

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

Scores of sanctions from the US, EU, UK and others have weakened Russia’s economy, but not its resolve to carry on fighting.