But the big question remains: who actually pays for VAT, and how does it affect the cost of everything you buy ... all the way up to the final sale. The VAT paid by shoppers is based on the ...

The VAT law creates a legal fiction of two identical sales occurring consecutively ... as the bed is part of the cost of providing the room rental. However, ViDA’s deemed supplier rules would ...

The new draft programme for government includes plans to cut the VAT rate to 9% for food services, entertainment and hairdressing in the next budget.

As a result, even operating expenses, which are not classified as cost of sales or cost of services but still are connected to the export activities, may now qualify for VAT zero-rating if they are ...

On the final day of the fair, visitor turnout was overwhelming, with many stalls, mini pavilions, and exhibition areas witnessing a surge in last-minute sales. According to vendors, overall sales ...

Your answer could cost you an extra 20% on the cost of your favourite treat. The reason? Value added tax (VAT), a tax we all pay on many things we buy, and while most food is VAT free, it does get ...