Bizcommunity9d
Is a VAT rate increase to 17% justifiable?
The 2025 budgets tabled in parliament on 19 February 2025, which were not approved, proposed a 2% base point increase in the ...
BusinessWorld11d
World Bank says PHL can boost revenues by expanding its VAT base
THE PHILIPPINES can boost its revenue collections by expanding its value-added tax (VAT) base and improving tax administration, the World Bank said.
The complex reality of South Africa's budget: VAT, taxation, and poverty
As South Africa faces a proposed VAT increase, this article explores the complexities of the budget, the government's ...
South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax
The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise value added tax (VAT) from 15% to 17%. VAT is the second biggest contributor to ...