Value-added tax (VAT) is a tax on products or services. Consumers pay the VAT, which is typically a percentage of the sale price. The U.S. does not have a VAT.

What are VATs? A VAT is a consumption tax used throughout Europe and many other countries, but not the U.S. If you buy a television or get a meal at a restaurant in an EU country, you pay the VAT ...

U.S. President Donald Trump says value-added taxes carry a lot of blame for America's near trillion dollar trade deficit with the rest of the world. The 170-plus countries who charge VAT ...

The European Union’s tax chief said that the bloc’s use of value-added taxes shouldn’t be part of the trade tensions with the Trump administration.

The Kenya Revenue Authority (KRA) has now suspended online registration of value-added tax (VAT) obligations amid an ongoing clean-up of its registers to weed out ghost traders suspected of ...

National Insurance calculator 2025-26 Use our National Insurance calculator to discover how much you'll pay in each tax year – simply select the tax year you want from the dropdown list. The ...

Domestic Value Added Tax (VAT) collections grew by a record pace of 28.2 percent to an all-time high of Sh32.1 billion in May, coinciding with a purge on a fraudulent scheme that was costing the ...

The Independent ’s Budget calculator, created by tax advisory firm Blick Rothenberg, below will help you to determine whether you are better or worse off following Wednesday’s statement.

The VAT Refund for Tourists law (RA 12079) allows non-resident foreign passport holders to reclaim the value-added tax (VAT) paid on their purchases in the Philippines.

Rachel Reeves has dramatically increased the tax rate charged on the sale of shares and other valuable assets, with changes kicking in from April 2025. This calculator shows how Labour’s capital ...

Value Added Tax (VAT) is to be shared based on derivation and consumption, according to the proposal in the Tax Bill before the National Assembly, Chairman of the Presidential Fiscal Policy and ...