At present, the standard VAT rate is 15% across the board, but it has been segregated to different slabs like 10%, 7.5% and 5% in different sectors that actually caused difficulties for traders as ...

Explore the implications of the upcoming VAT increase in South Africa, its impact on consumers and businesses, and how technology can aid compliance.

CREATE MORE (Republic Act 12066) made significant clarifications on the taxation of and incentives enjoyed by registered business enterprises (RBEs)—enterprises that are registered with various ...

The UAE offers Mainland, Free Zone, and Offshore jurisdictions, each with unique characteristics. Factors influencing this choice include license requirements, infrastructure access, ownership ...

Hau 'Phao' sold 1,317 land lots, concealing 2,072 billion VND off the books, leading to over 504 billion VND in tax losses for the Vietnamese government.

A tax expert has said the government’s plan to reform the value-added tax (VAT) regime could simplify compliance, reduce ...

Running a business in Nigeria is tough, but managing your finances doesn’t have to be. Find the best accounting software to ...

By Ibrahim ASAREAs stated in Articles 179 and 180 of the 1992 Constitution of the Republic of Ghana, the Executive is required to present an account of the management of the economy for 2024 and a ...

The Budget 2025 version 2.0 has come and gone, and today we contemplate what all this means and why we should care about what ...

With an increase in Value Added Tax (VAT) announced during the recent Budget Speech, Observer intern Cecelia Mogashoa breaks down what VAT is and its importance.

QuickEasy ERP offers multi-entity support, enabling users to manage multiple company accounts without duplicating work.

TETFund to get 50 percent of development levyWages earned by military personnel, funds accruing to religious bodies, pension funds, profit-oriented schools, trade unions, and cooperative societies ...