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

Riyadh: Tourists visiting Saudi Arabia will now be eligible for a refund on the 15 per cent Value Added Tax (VAT) they pay on goods and services during their stay. The new VAT exemption came into ...

The Bangladesh Trade and Tariff Commission (BTTC) has requested the revenue authority to extend the VAT exemption period for edible oils until June 30 this year to ensure supply and protect ...

The Export Marketing Bureau (EMB) of the Department of Trade and Industry plans to release a new set of procedures for local exporters seeking value-added tax (VAT) exemption and zero rating by next ...

The European Union has set 30 June 2032 as the deadline for the mandatory adoption of electronic VAT exemption certificates, replacing the traditional paper-based system. The Council’s decision, ...

This classification would exclude it from VAT exemption on supplies of catering, a benefit typically extended to student unions operating in conjunction with universities. Legal Arguments The Anglia ...

What should you put in your VAT invoice? We explain more and share a handy template to help you get started. Knowing how to create a VAT invoice is essential for many small businesses. Perhaps you’ve ...

In six months' time, the VAT rate will increase from 22 percent to 24 percent. Retailers believe Estonia should consider introducing a VAT exemption on food products. This is already standard in most ...

However, any new project added will qualify for the exemption." NBR Second Secretary (VAT Act and Rule) Md Bodruzzaman Munshi told bdnews24.com, "The exemption was already in place.

NBR Second Secretary (VAT Rules) Md Bodruzzaman Munshi told bdnews24.com, "We have given the facility going forward, but not retrospectively. As a result, VAT will have to be paid for this period.

The Bureau of Internal Revenue (BIR) has exempted 16 more medicines for cancer, diabetes, and mental illness from value-added tax (VAT). Under Revenue Memorandum Circular (RMC) 131-2004, the BIR ...

As part of the EU’s efforts to update VAT systems, I’m glad that after the VIDA package last month, we are taking another modernising step with this agreement on the electronic VAT exemption ...