At what point does your small business have to start paying VAT? Should you voluntarily pay VAT? And what are legitimate ways to stay under the VAT threshold? The VAT threshold is the volume of annual ...
We examine Vietnam’s new Value Added Tax (VAT) Law, set to take effect on July 1, 2025, which introduces significant changes to the country’s VAT regime. Recent clarifications are outlined in Official ...
President Donald Trump wants Europe to buy American stuff again. On Thursday, the president ordered economic officials to develop custom “reciprocal tariffs” for each of America’s trading ...
The policy published by the White House included VAT as a target – which analysts have suggested could knock around £24bn off UK GDP over the next two years. It comes amid growing concern over ...
Of far more concern is Trump’s railing against VAT, which currently stands at 20 per cent. This is where things could get sticky. There is no scope for the government to scrap (or even easily ...
The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system started. By Jenny Gross and Keith Bradsher Jenny Gross reported in ...
Concerns are growing the UK could be more exposed to US trade taxes after President Donald Trump announced he would target VAT in his latest move. Trump has instructed his staff to develop custom ...
The next stage in trade escalation: reciprocal tariffs and targeting VAT While new tariff announcements were eagerly awaited, Trump instead directed key government officials to investigate the complex ...
China’s New Value-Added Tax (VAT) Law marks a major milestone in the country’s tax legislation. Set to take effect on January 1, 2026, the law refines VAT regulations, clarifies taxable transactions, ...
THE Bureau of Internal Revenue (BIR) last Jan. 16 issued Revenue Regulations (RR) 3-2025 implementing provisions of Republic Act (RA) 12023 that imposed a 12-percent value-added tax (VAT) on gross ...