How does a VAT work? Here’s why Europe’s consumption tax has Trump vowing reciprocal tariffs
While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...
PhilStar Global on MSN5d
A look back: A company’s claim for input VAT
Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...
accountingweb.co.uk3d
Food business couldn’t make its VAT appeal fly
The Jerk Yard Limited operated mobile food stands at festivals. While preparing the accounts in October 2022, its accountant ...
Miller: Trump Trade Action Against Europe Will Offset EU Regulations And VAT Taxes On American Products
White House deputy chief of staff Stephen Miller offered some new details against the tariffs the Trump administration is planning to impose on the EU during an interview on FNC's "Sunday Morning ...
Bizcommunity.com on MSN2d
How VAT registration delays are costing the economy and what Sars should do about it
South Africa’s fiscus needs every rand in tax revenue it can get, but potentially lucrative revenue streams are out of reach ...
business-review.eu3d
The VAT gap in the European Union is rising: Romania accelerates fiscal digitalization and seems to be following a different trend
Money - At the end of 2024, the European Commission published the VAT Gap report for 2022. At the EU level, the collection ...
Small Business4d
Sole traders and VAT
If you have any doubts you should talk to your accountant who will explain the requirements in greater detail, and can help with specific queries or even complete the VAT return on your behalf.
news.stv1d
Ex-Tory branch treasurer in £1m VAT fraud and money laundering scheme
A former Conservative party branch treasurer was involved in a £1m VAT fraud and money laundering scheme. Malcolm Macaskill, ...
Romania Insider1d
Romanian High Court overturns preventive arrest decisions in Nordis real estate fraud case
Romania's High Court ruled on Friday, Friday 14, to release former Social Democrat MP Laura Vicol and her husband, Vladimir ...
glasgowtimes2d
Ex-Conservative party branch treasurer involved in £1 m VAT fraud
A FORMER Conservative party branch treasurer was involved in a £1 million VAT fraud and money laundering scheme.
tbsnews4d
Time for a tax policy that benefits all, experts urge
They have called for policies that benefit a wider group of people, particularly women. This approach would help bring more people into the tax system and improve the country's tax-to-GDP ratio, which ...
Former Tory treasurer used money laundering scheme for holidays
A former Conservative party branch treasurer was involved in a £1 million VAT fraud and money laundering scheme.