Our client exceeded the vat threshold last year and did not register at the time. They are now below the threshold again.  We have notified HMRC and ...

Supermarkets had long lost customers to traditional bazaars due to higher prices from the VAT. But now, consumers are returning ...

By Joshua Worlasi AMLANUA tax expert has said government’s plan to reform the value added tax (VAT) regime could simplify compliance, reduce distortions and strengthen the country’s revenue ...

reducing the effective VAT rate for households and businesses, reversing the VAT flat rate regime, raising the VAT registration threshold to exempt micro and small businesses from VAT collection ...

“Mr Speaker, our VAT regime has been distorted and rendered inefficient. It combines both VAT and sales tax principles with a flat rate, standard rate and levies,” he said. The Finance Minister said ...

reversing the decoupling of GETFund and NHIL from VAT and reversing the VAT flat rate regime. Dr Forson emphasised that these reforms are expected to enhance efficiency, reduce the tax burden on ...

Makerere University has started a students’ work scheme to help learners that have problems raising tuition fees and other necessities. The scheme was started to help alleviate the grave situation of ...

But what happens if, due to unforeseen circumstances, you lose your HDB flat and end up renting from HDB instead of owning your home? Can you start over and work your way back to homeownership? This ...

The original proposal to lift the VAT rate to 17% would have raised R191 billion over the next three fiscal years. The go-ahead to raise the VAT rate is conditional on the Treasury making headway ...

A senator is calling on the government to cut the VAT rate on hydrogenated vegetable oil (HVO ... the Road Transport Fuel Obligation Scheme (RTFO) applies an 80/20 rule. “This results in a price ...

Business Initiative Leading Development (BUILD) – a private sector think tank – has proposed setting a flat value-added tax (VAT) rate at 10%, suggesting that it could help improve the government's ...