President Taskeen Ahmed stressed the need for simplifying the tax and VAT system, also simplifying the system according to ...

European Commissioner for Taxation, Wopke Hoekstra, has been tasked with maintaining ambitious efforts to combat tax fraud in the EU, while the Commissioner for Budget, Piotr Serafin, is leading a ...

Around 32,000 jewellery shops in the country are operating without value-added tax (VAT) registration, apparently evading the ...

Finance Adviser Dr Salehuddin Ahmed has said the recent VAT hike at the beginning of the year was due to the need for funding ...

HM Revenue and Customs (HMRC) continue to face increasing costs and challenges as it presses on with becoming a fully digital tax authority, according to a National Audit Office (NAO) report.

Despite a slight decrease in inflation over the past six months under the interim government, economists warn that additional ...

If Dubai and other emirates are tax free, then how do they generate revenue? The answer lies in its unique tax system.

On 16 January 2025, the President ratified Supplementary Law No. 214/2025, marking a significant step in Brazilian tax reform. This new law ...

British politicians want the country’s tax authorities to investigate Roman Abramovich, the Russian oligarch and former owner of Chelsea Football Club, over allegations that he evaded VAT through a ...

Saudi Arabia has announced it will waive a range of fines and penalties on tax violations as it looks to support businesses ...

Even though no sanctions will apply until mid-year, taxpayers should already start reporting the B2C invoices in the system, in order to minimise any risks for tax authorities to initiate a tax ...

The burdens and costs on businesses and HMRC of an increasingly complex tax system are laid bare in the National Audit Office ...