UK Chancellor Rishi Sunak claimed during his Mar. 23 Spring Statement that the UK can now introduce 0% VAT rates on items such as solar panels, heat pumps and insulation “thanks to Brexit” and because ...

After Labour announced its policy to add VAT to private school fees on June 10, Labour’s shadow attorney general Emily Thornberry was asked on GB News how the party would deal with “injecting what is ...

Who would have thought that a simple tax report would shatter one of Nigeria’s most enduring prejudices? Yet here we are, staring at figures that tell a story quite different from the usual narratives ...

President Donald Trump wrongly said that “nobody from this country knew” about Mexico’s value-added tax until after NAFTA was signed. A deputy U.S. trade representative at the time NAFTA was put in ...

The VAT rate was scheduled to rise to 15.5% on 1 May, but now remains at 15%. The proposed 0.5 percentage points has seen political parties putting pressure on Finance Minister Enoch Godongwana to ...

Amazon sellers have “gone bust” due to the e-commerce giant’s decision to freeze their funds while it verifies their VAT status, the Small Business Commissioner has said. Last month, food and drink ...

This is, for the most part, true as the UK can now set its own VAT rates across the board. However, in his speech (here Chancellor did not acknowledge that the European Union (EU) is also poised to ...

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