Exporters in Bangladesh are eligible for value-added tax (VAT) exemptions on local purchases of goods and services, but in practice, complications at the field level have often caused additional costs ...
The National Board of Revenue (NBR) has introduced five new preconditions for availing of VAT exemptions on “deemed exports”, aiming to make the process easier for local suppliers and encourage more ...
Law 2012, restoring its authority to grant exemptions from the indirect tax through special orders, according to an ordinance issued by the law ministry on Monday.
The Court of Appeal has upheld a decision that the standard turnover-based method for calculating residual input tax recovery ...
College and sports club enter into a partnership for 16 - 18 year olds. The college provides BTECs, A-Levels and the like. The study programmes ...
With the electronic regime to be expanded soon to encompass many individuals and small firms, the department releases details ...
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Kiko Barzaga proposes scrapping of 12% VAT
A bill scrapping the imposition of the 12% Value-Added Tax (VAT) on all goods and services has been proposed in the House of ...
The Scottish Council of Independent Schools has called on the UK Government to reverse the ‘vindictive and flawed’ policy.
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Domestic market enterprises regain their VAT zero-rating privileges
Have you ever wondered what goes through someone else’s mind when they wish to turn back time? You might say that you want to rectify past mistakes or explore whether their current circumstances might ...
HMRC will allow people to come forward for an exemption on Making Tax Digital, or MTD, which is the tax authority's new ...
Businesses should call on the chancellor to put VAT on everything while complex rules should be consigned to history ...
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Scrapping VAT may trigger crisis — analysts
ECONOMISTS and tax experts warned that scrapping the value-added tax (VAT) may trigger a fiscal or even an economic crisis, as the Bureau of Internal Revenue (BIR) collected P487 billion in the first ...
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