To promote small business growth, the tax authority recommends amending tax laws to increase the exemption threshold for VAT ...

THE Bureau of Internal Revenue (BIR) said 10 more medicines for cancer, high cholesterol, hypertension, and mental illness are now exempted from value-added tax (VAT). In a statement on Monday, the ...

The FDA, on the other hand, has removed certain cancer medicines from the VAT-exempt list, including Baricitinib tablets. The move, under RA 11534, aims to make these medicines more affordable to ...

One of the key reforms under Create More, as implemented by Revenue Regulations (RR) 10-2025 and Revenue Memorandum Circular 37-2025, is the shift from requiring original documents to allowing the ...

MORE medicines for cancer, diabetes, high cholesterol, hypertension, tuberculosis and mental diseases have been exempted from 12-percent value-added tax (VAT) by the Bureau of Internal Revenue (BIR).

The Bureau of Internal Revenue (BIR) has issued a memorandum including 10 medicines in the list of drugs exempted from ...

Jobs at a prestigious Scots private school may be lost as it looks to cut costs following the UK Government's introduction of VAT on school fees. Fettes College in Edinburgh said the decision was ...

There were 11,000 fewer pupils at private schools in England this January compared to the same time last year, according to the latest school census data. The figures, released on Thursday, come ...