The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

Poor and middle class consumer will bear the brunt if VAT is increased by 2% on 12 March. Economists warn consumers are ...

President Trump on Thursday directed federal agencies to study reciprocal tariffs aimed at matching taxes and other economic ...

Following Germany-wide implementation of the Value-Added Tax (VAT) App on January 1, the realized savings for customers ...

While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...

The White House has insisted that its new tariffs would equalize the ability of the U.S. and foreign manufacturers to compete ...

A 2% increase on the VAT would have raised the VAT to 17%, however, the proposal was widely rejected during an emergency ...

A potential increase to 16% or 17% in April 2025 will have a profound effect on South African households, and particularly ...

Supermarket operators will now be able to claim input tax credit on the 15 percent VAT applied to consumer goods they sell.

If you bear in mind that a big chunk of the goods in the inflation basket, and services, are subject to Vat, it naturally ...

The revenue authority said it would now levy 7.5 per cent VAT instead of the 15 per cent imposed in early January, alongside ...

South Africa's national budget was postponed on Wednesday because the two biggest parties in the ruling coalition disagreed ...