Samuel Agbeluyi, president and chairman CITN, said that the incentive of increasing Value Added Tax (VAT) from 7.5% to 10% ...

Finance Minister Enoch Godongwana has rejected calls for him to step down following the controversy over the decision to ...

THE national government’s budget deficit spiked by 75.62 percent in the first quarter of the year due to the sharp rise in ...

THE NATIONAL Government’s (NG) budget deficit ballooned in March as revenues slipped and state spending jumped ahead of the election ban, the Bureau of the Treasury (BTr) said.

Cosatu says Sars must clamp down on rich tax evaders and illicit trade to raise revenue instead of hiking VAT.

The Finance Bill 2025 proposed major changes in the revenue-raising measures and tax policies that will be used to finance ...

As summer approaches and the Philippines remains a top tourist destination, the Bureau of Internal Revenue (BIR) issued ...

Employees sometimes incur business expenses during the course of their work, including travel, meals, lodging, and other business-related costs. While reimbursements seem straightforward, they carry ...

Finance Minister Enoch Godongwana has confirmed that a new national budget will be presented in parliament on 21 May. The decision to introduce a revised budget comes in the wake of government’s move ...

The reversal of the VAT hike benefits South African households but also means the removal of measures to cushion some of the ...

Remanufactured “cores,” or used vehicle parts, are essential to the automotive industry but present distinct special tax and accounting considerations.

Introduction: It has been seven and a half years since GST was introduced in India . Despite several Circulars and Press ...