A Perthshire business dubbed ‘The Harrods of the North’ is facing legal proceedings over a VAT bill. HMRC has lodged a ...

A value-added tax (VAT) is very similar to a traditional sales tax, in that the consumer pays it at the point of purchase. It's typically a percentage of the price of the product, but standard ...

Each participant in the supply chain pays VAT on their purchase price and charges VAT on their sales price, making this system widely prevalent in over 160 countries, particularly in the European ...

The post-Brexit era, coinciding with an increasingly interconnected global economy, presents both challenges and opportunities when it comes to managing ...

Each participant in the supply chain pays VAT on their purchase price and charges VAT on their sales price, making this system widely prevalent in over 160 countries, particularly in the European ...