The Latest Breaking News from VAT

When world leaders engage, the assumption is always that they engage on issues based on verified facts, which their administrative staff are supposed to prepare. Under this assumption, we thought the meeting at the White House on 21 May between South Africa’s president, Cyril Ramaphosa, and US president Donald Trump…

South Africa’s finance minister, Enoch Godongwana, cancelled the unveiling of the country’s 2025 budget as it was due to be released. The move is unprecedented in the country’s history.

Former MP, who once argued UK should break free from Strasbourg court, is challenging finding he repeatedly broke rules

Latest Movers and Shakers from across the region

The Finance Ministry is considering the introduction of a two-tier value-added tax (VAT) rate that could generate additional revenue of more than 100 billion baht, says a ministry source who requested anonymity.

VAT is the fastest growing tax of the biggest five taxes in the last decade

Rishi Sunak was on Wednesday accused by a former Cabinet colleague of “flip flopping” over tax cuts, after he announced a pledge to slash VAT on domestic energy bills.

France’s National Assembly on Saturday approved a measure to scrap the TV licence fee as part of a drive to boost purchasing power. Public broadcasting will in future be financed by VAT.

An investigation has found major delays