This is how the VAT increase will impact your transport, food and electricity bills
The recent VAT increase proposal in South Africa raises concerns about its impact on low-income households, particularly ...
CNBC7d
Value-Added Tax (VAT): What it is and how to get it refunded if you shop while traveling
Visit americanexpress.com to learn more. The idea of a value-added tax (VAT) is a foreign concept to most Americans. That puts us in the minority, though: VAT, a multi-layered tax applied at each ...
EU Tax Chief Disputes Trump’s Claim That VAT Is a Trade Barrier
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 ...
AllAfrica36m
Nigeria: Tax Reform Bills - Reps Adopt 7.5% VAT, Reject Increase to 15%
The House of Representatives has retained Value Added Tax, VAT, at 7.5 per cent and rejected a staggered increase to 15 per ...
Nigeria's lower house of parliament passes tax reform bills, with some tweaks
Nigeria's lower house of parliament passed four tax reform bills proposed by President Bola Tinubu on Thursday, marking ...
VAT Increase, a solution or just a short-term fix to a long-term crisis?
The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as increasing corporate or personal income tax would do more harm than good.
Legit.ng on MSN16h
Lawmakers Approve Tax Reform Bill, modify VAT charge, sharing formula
The lawmakers considered the recommendations clause-by-clause, after the committee chairman James Falake moved the motion.
Legit.ng on MSN3d
15% VAT, 19 Other Critical Provisions That Make up President Tinubu’s Tax Reform Bill
The proposed Tax Reform Bill introduced by President Bola Tinubu contains some issues which have divided Nigerians along ...
East Asia Forum13d
Indonesia must pursue a progressive value-added tax system
Indonesia has the opportunity to transform its tax landscape with a groundbreaking digital VAT system that combines revenue ...
Devdiscourse22h
Turbulent Talks: South Africa's Tax Tussle
South Africa's budget faces opposition as political parties debate a crucial increase in value-added tax. Finance Minister ...
Business Day19h
Reps amend Tinubu’s tax bill, retains 7.5% VAT, removes inheritance tax, others
The House of Reps Committee on Finance has amended some provisions of Tinubu's tax Bill to incorporate some concerns of ...
Vanguard15h
Tax Reform Bills: Reps retain 7.5% VAT, reject increase to 15% by 2030
The House of Representatives has retained Value Added Tax (VAT) at 7.5%, rejecting a proposed gradual increase to 15% by 2030.