The absence of suppliers’ invoices could have jeopardised the input tax recovery for UAE financial institutions. The clarification, originally issued in 2024, allows qualified SWIFT messages as a ...

Cosatu says Sars must clamp down on rich tax evaders and illicit trade to raise revenue instead of hiking VAT.

Democracy is potentially the winner in the value-added tax (VAT) drama which has recently gripped attention. By setting aside ...

Here are five other important things happening in and affecting South Africa today: ...

The UAE’s developing tax economy has more than 510,000 registrants of both corporate tax and VAT, according to a detailed report by federal authorities. Sheikh Maktoum bin Mohammed bin Rashid Al ...

BUSINESS NEWS - The Commissioner for the South African Revenue Service (SARS), Mr. Edward Kieswetter has noted the Finance ...

Hank Vat, public information officer for Montgomery County ESD 7, said the proposition would increase the sales tax rate in the unincorporated areas of Splendora from 7.75% to 8.25%, if approved.

SARS has issued a warning regarding the implications of the reversal of the scrapped 0. 5% VAT rate increase, following a ...

The increase in VAT from 15% to 15.5% was first announced earlier in 2025 as part of government measures to address fiscal ...

Currently, refrigerators and air conditioners are taxed at a reduced 7.5% VAT rate at the manufacturing stage, a policy that the National Board of Revenue (NBR) now plans to increase to the standard ...

U.S. health officials are pushing to get artificial colors out of the nation's food supply. Sensient Technologies Corp. is ...

Retailers face growing VAT challenges worldwide. Discover four key strategies to improve compliance, reduce customer friction ...