Following the passage of the Value Added Tax Act, 2025 (Act 1151), which takes effect from January 1, 2026, the VAT rate has been cut to 20% from its previous rate of 21.9%. This comes after the ...

This will also include the deployment of digital channels like the E-VAT for accurate collection. Meanwhile, in a New Year message to the country, the Commissioner General stressed collaboration ...

The Ghana Revenue Authority (GRA) has announced sweeping changes to the country’s Value Added Tax (VAT) regime following the passage of the Value Added Tax Act, 2025 (Act 1151), with the reforms set ...

Reverse charge mechanism aims to reduce tax fraud and improve efficiency in scrap trade Add as a preferred source on Google Under the current system, scrap metal suppliers charge VAT to their ...

The UAE has issued new changes Value Added Tax (VAT) rules, introducing measures that tighten governance, streamline procedures and enhance compliance. The revised rules—effective January 1, 2026—aim ...

A proposed amendment to South Africa’s value-added tax (VAT) system could eliminate Vat refund fraud and reduce the rate significantly without compromising revenue collections. The proposal is to have ...

Finance Minister Dr. Cassiel Ato Forson has announced a series of tax reforms under the 2026 Budget aimed at creating a fairer, simpler, and more business-friendly fiscal system. Presenting the budget ...

Government offers phased VAT threshold changes for small businesses PM says there will be moratorium on tax-violation punishments Offer falls short of business lobbies counter-proposal Government ...

South Africa is heading for a value-added tax (VAT) increase because other taxes are at their maximum, and cutting spending is politically suicidal for the ANC, leaving VAT as the only viable option.

Finance Secretary Ralph Recto is cold on proposals to slash the Philippines' value-added tax (VAT), saying this could hurt the government's financial muscle and compel it to borrow more funds. In a ...