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 ...

Consumers who have been charged VAT at 15.5% have the option of contacting the supplier to claim back their money.

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 ...

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

We do sympathise with those larger businesses that have had to incur further expense, and highly urgently, to re-update ...

Secretary of Finance Ralph “The VAT” Recto or Mr. E-Vat himself is at it again. After getting away with pushing and sponsoring the value-added tax law in 2005, he is now meddling with the intentions ...

Finance Minister Enoch Godongwana is set to address the implications of a VAT reversal on South Africa's budget, as ...

The Philippine government’s fiscal balance continued to stand at a deficit in the three months of 2025 as the growth in state ...

Steel Authority of India Limited (SAIL) filed a writ petition challenging the order passed by the Joint Commissioner of State Tax (Appeals), which rejected the carry forward of disputed credit under ...

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

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

Making Tax Digital (MTD) is a Labour Party government initiative designed to modernise the tax system, improve efficiency, ...