Require mandatory VAT registration for taxpayers currently using the simplified (single tax) system whose annual revenue exceeds UAH4 million ($91,000), effective Jan. 1, 2027. ・Taxing inbound ...

The Prime Minister last night said talks with major food retailers had found “a solution” to the industry’s fears over the imminent VAT rules change for uncooked foods although he provided no details ...

Under the CREATE MORE Act (Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating ...

A year after 2025’s Budget bungle over a proposed increase in value-added tax, the DA has scored a court victory that will curtail the power of the minister of finance.

Whether you’re planning to splurge on a purse in Milan or stock up on skincare in a Parisian pharmacy, shopping is often a ...

Hospitality business owners should review how they apply VAT rates to bookings they accept now for events that will take ...

Today, the European Commission decided to refer Spain to the Court of Justice of the European Union for failing to transpose two separate Directives ...

For many taxpayers, the end of the first quarter of 2026 marks the filing of several tax returns, notably the filing of the Value-Added Tax (VAT) on Digital Services (VDS). Starting June 2, 2025, ...

THE RULES for claiming the 12% value-added tax (VAT) exemption for electricity generated from domestic natural gas have been issued, effectively operationalizing Republic Act (RA) No. 12120, the ...

Rupert Roberts told Tribune Business it would be far easier for the Government to make uncooked foods ‘zero rated’, as opposed to VAT ‘exempt’, from April 1, 2026, onwards amid rising concerns over ...

VAT on public electric vehicle (EV) charging could fall to 5pc after HMRC lost a landmark legal battle. EV campaigners have criticised the Treasury for imposing a 20pc VAT rate on chargers located at ...

Dougie Todd, partner and co-head of VAT, HaysMac explores how rising HMRC scrutiny and changing VAT interpretations are creating new risks for property management businesses and the steps they can ...