Ministry of Finance considers 2% to 3% VAT rise to fund war with Russia Ukraine’s Ministry of Finance is reported to be considering a 2% or 3% VAT rise from the current 20% rate to help fund military spending following the 2022 illegal Russian invasion.
Global VAT & GST adopted in 175 countries Value Added Tax turns 70 today, 10th April 2024. It was introduced in France VAT to a limited number of businesses and supplier as part of a fiscal reform to simplify its jumbled fiscal regime. It was
Electronic invoicing for all taxpayers since 2021 The Direction Générale des Impôts requires all taxpayers to use the Le Système électronique certifié de invoicing (SECeF) since 2021. E-invoicing is administered by the DGI – Direction Générale des Impôts -DGI. Reporting invoices is done via a
Exemption for audio books; PST on admission fees for various activities Canada Saskatchewan 2022 budget included a number of Provincial Sales Tax (PST) changes. This included: Audio books will be exempted from PST from 1 April 2022. Admission prices to cultural, sporting, fairs, golf, gyms
Uber ruling in High Court may influence HMRC review if VAT should be charged by private hire companies, including ride-hailing services for the first time The UK High Court yesterday has upheld an earlier Supreme Court employment law ruling that Uber and similar private taxi
