The move to write off old VAT dues is expected to benefit more than 40,000 traders and will help reduce litigation in more ...

THE Bureau of Internal Revenue (BIR) and the Land Bank of the Philippines (LANDBANK) said they signed an agreement to ...

Justice Charles Kariuki ruled that KRA’s reclassification of Animix Limited’s goods from zero-rated to general-rated was ...

Any cuts to VAT on food would need to be covered either by larger budget cuts or by fresh taxes, Prime Minister Kristen ...

The CREATE MORE Act ushered in changes to certain documentary requirements for VAT refund claims. Beyond compliance lies a jungle of possibilities and challenges — where does your business stand? Dive ...

Assuming you paid VAT when purchasing the asset, the sale for consideration will be standard rate for VAT. In usual circumstances you will supply your VAT number to the scrap firm selling it to, they ...

The Restaurants Association of Ireland is warning of further closures and job losses if the VAT rate for food-led hospitality ...