Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. As 2024 draws to a close, it is essential to review the key VAT ...

In the weeks since value-added tax (VAT) was officially implemented in the UAE, questions have swirled about the intricacies of its implementation, with many residents left puzzled about their ...

The Federal Government has started the implementation of 7.5 per cent Value Added Tax (VAT), a development, which is expected to have far-reaching consequences on businesses, including electricity ...

Can the federal government attain the N2.25trillion target as receipts from Value Added Tax (VAT) as indicated in the 2025 budget? Interestingly, analysts hold the view and very strongly too that this ...

Nigerians have begun to lament the effects of the introduction of a 7.5 per cent Value-Added Tax on the price of premium motor spirit, otherwise known as petrol. This comes barely a month after ...

Similarly, VAT on mosquito coils, which attracts at present only 5 % VAT, has been proposed to be as high as 12.50%. Likewise, all electrical goods that are at present taxed at the rate of 5 % are now ...

The South African Revenue Service (SARS) has issued a warning to vendors and consumers about the implications of the reversal of the planned 0.5% VAT rate increase. SARS Commissioner Edward Kieswetter ...