Senate Majority Leader Francis Tolentino has filed a measure aiming to remove the 12 value-added tax (VAT) on electricity and ...

Owner of a hotel is in negotiations with a buyer looking to acquire the building and its assets and continue trading. The sale will meet the ...

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 ...

However, once their turnover exceeds £90,000, they must start charging VAT at 20% on all sales. Therefore ... they can choose to absorb the VAT cost, reducing their income. In practical terms, a ...

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, he renewed calls to equalise the VAT paid on food by pub and restaurant ... set to face a £60m jump in labour-related costs in April (Dominic Lipinski/PA) Wetherspoons also highlighted ...

Following the “below double-digit growth”, business recovery specialist Begbies Traynor said the “mood music” has changed for ...

The Nordic country abolished taxes on zero-emission models in 2001, making them automatically cheaper than those powered by petrol or diesel ...

By Kamal Bogoda The jewelry industry in Sri Lanka is reeling under the impact of a steep Value Added Tax (VAT) of 18% imposed on gold coins and locally manufactured jewelry from Jan 1, 2024, industry ...

Just three suppliers control more than 85% of the sum of sales for 20 categories of ... “will absorb the additional costs resulting from the VAT increase on all Carrefour products, including ...

Fresh orders processed by firms such as Isuzu East Africa, CFAO Motors Kenya and Simba Corporation fell further last year ...

The pub company, which was founded by Tim Martin, is set to face a £60m jump in labour-related costs in April, amid increases in employers' national insurance contributions and the minimum wage ...