Ghana is losing significant revenue due to low compliance with the Value Added Tax (VAT), as only 40 out of every 100 registered taxpayer companies currently honour the tax.

Finance Minister Makis Keravnos on Wednesday announced that the government will extend the application of a reduced value added tax rate for home electricity consumption for another year. Speaking ...

With Nigeria trying to boost non-oil revenue, Value Added Tax (VAT) compliance is becoming harder for businesses to ignore. .

There is widespread concern among banks' customers over charges imposed by deposit money banks amidst the implementation of the new tax laws.While the Nigerian Revenue Service (NRS) had assured that ...

Experts said higher tax rates, particularly on tobacco and beverages, combined with the low base, largely explain the strong growth. They added that the low base should have produced broader-based ...

When the NBR introduced the online VAT refund module, it said businesses would be able to apply digitally and receive reimbursements directly into their bank accounts with ease, drawing praise for the ...

China's latest reform of the value-added tax system for gold trading is expected to bring greater clarity and order to the market of the precious metal, as regulators aim to distinguish investment ...

The House of Representatives of the Parliamentary Assembly of Bosnia and Herzegovina (PABiH) accepted that the Proposal of the Law on Amendments to the Law on Value Added Tax of BiH, proposed by ...

For Nigerians, it’s hard to ignore the rumours about an additional 7.5% Value Added Tax (VAT) on banking transactions. It all ...

A man has shared how taking medication to lose weight resulted in an unexpected side effect on one particular part of his body. Mason Newman was prescribed Mounjaro, a drug used in treating diabetes, ...

HGTV stars Ben and Erin Napier reflected on how they realized very early on in their romance that they wanted to marry each other. The couple met in December 2004 while they were students at Jones ...