VAT raises income for the government and stands for Value Added Tax the amount of tax added to the value of goods or services you buy. All VAT-registered businesses must charge VAT on the goods or ...

Value Added Tax, known as VAT, is a tax placed on goods and services at every stage of a product’s journey, but it is an indirect tax that must be calculated by the provider of the service. Limited ...

The compulsory threshold for value-added tax (Vat) registration has been R1 million for the past 16 years. If it had kept pace with inflation, the threshold would have been in line with global ...

Ed Miliband hints VAT on energy bills could be cut in November’s Budget as the government faces mounting pressure to act on ...

Justices overturn Court of Appeal ruling that NHS body operates under a 'special legal regime' for VAT purposes.

Finance Minister Purbaya Yudhi Sadewa stated that it is still too early for the ministry to recalculate the VAT (Value Added ...