IN our article published on June 19, 2025, we discussed the requirement under Republic Act 12066, or the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for ...

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

Finance Secretary Ralph Recto ordered the Bureau of Internal Revenue (BIR) to accelerate the implementation of value-added tax (VAT) exemption on an expanded list of critical medicines. The exemption ...

A private school in Fair Oak has lost a High Court challenge against the introduction of VAT on their fees. The King's School was one of several independent schools, pupils and parents, including ...

However, Sir James Eadie KC, representing the Treasury, HMRC and the DfE, said abolishing the VAT exemption for private school fees was a prominent feature of Labour’s manifesto at the last ...

KUCHING (June 7): The Malaysian Industrial, Commercial and Service Employers Association (MICSEA) welcomes the government’s decision to exempt businesses with an annual income of RM500,000 and ...

The government will gradually withdraw the existing VAT exemption at the production stage for several household appliances, such as washing machines, microwave ovens, blenders, juicers, and rice ...

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 ...