Tensions over a 2 percentage point increase in VAT put a pause on the February budget, with parties in the Government of ...

Minister of Finance Enoch Godongwana's budget was rejected in February due to a proposed two percentage point increase in value-added tax.

As Finance Minister Enoch Godongwana prepares to unveil the contentious 2025 Budget speech, South Africans await crucial ...

With the Budget Speech imminent, the ANC's VAT increase proposal faces fierce resistance from multiple political factions.

Finance Minister Dr. Cassiel Ato Forson has described Ghana’s Value Added Tax (VAT) system as “distorted” and in urgent need of reform to provide relief for ordinary Ghanaians and businesses.

The National Board of Revenue (NBR) has exempted advance tax on the import of raw materials used to manufacture cancer drugs, according to a notification issued earlier this month.

The European Union’s tax chief said that the bloc’s use of value-added taxes shouldn’t be part of the trade tensions with the ...

The Council has today given its final green light on a set of laws to make the EU’s value added tax (VAT) rules fit for the ...

This article explores common VAT misconceptions, clarifies the applicable rules, and provides practical guidance on how ...

European sales in America enjoy a cost reduction, whereas American sales in Europe pay the value added tax. From this ...

As part of his plan, Mr. Trump has taken aim at the value-added tax, a system used widely in Europe and elsewhere to tax the consumption of goods and services. The president and his team describe ...