While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...

Experts have revealed what tax raids Reeves could enact next as the Chancellor scrambles to save her failing budget. Labour’s ...

The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

The White House has insisted that its new tariffs would equalize the ability of the U.S. and foreign manufacturers to compete. The European Union, for example, has an average VAT of 21.8 percent, ...

Value-added taxes are common in Europe; President Trump calls them unfair.

President Donald Trump could go after “value-added tax” schemes used throughout Europe as he ramps up tariffs threats against ...

HMRC has previously estimated the practice, known as phoenixism, accounted for 15% of its tax debt losses in 2022-23, ...

Edinburgh councillors have voted to try and claw back millions of pounds per year set to be taken by the Treasury in tax from the city’s new visitor levy.