Stuart Brodie, Partner at Claritas Tax, explores how the UK’s high VAT threshold holds back small businesses and argues that lowering or scrapping it could boost growth and help the economy.
The Portuguese Association of Real Estate Developers (APPII) has been pushing for a reduction in VAT from 23% to 6% on ...
Sources in The Hague have confirmed that the Dutch government plans to increase the higher VAT rate from 21 percent to 21,4 percent next year.
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Three Northern regions contributed N540.31bn — received N1.39trn from VAT pool in 2024The three Northern regions in Nigeria collectively contributed N540.31 billion to the country’s Value Added Tax (VAT) pool in 2024 and received an allocation of N1.39 trillion, significantly outpacing ...
The year 2025 started with disappointment for Bangladesh, with the announcement of a significant increase in indirect taxes—value-added tax (VAT) and supplementary duty (SD)—affecting people from all ...
The Nigeria Governors’ Forum has reiterated its strong support for the comprehensive reform of Nigeria’s outdated tax laws and approved a revised Value Added Tax distribution formula ...
Nigerian governors have expressed their support for the tax reform bills initiated by the federal government, proposing a new sharing formula for value-added tax, VAT. This is coming after meeting ...
In a statement on Thursday, the group proposed an “equitable” sharing formula for value-added tax (VAT). The development was an outcome of a meeting between the NGF and the presidential tax ...
The governors have resolved that there should be no increase in the VAT rate or reduction in Corporate Income Tax (CIT) at this time in order to maintain economic stability. Also, they have called ...
The Nigeria Governors’ Forum (NGF) has endorsed a revised Value Added Tax (VAT) sharing formula, which it believes will ensure equitable distribution of Nigeria’s resources. The details were disclosed ...
The Nigerian Governors’ Forum (NGF) has rejected the move to increase Value Added Tax (VAT) from 7.5% to 10%. The forum made this known in a communiqué released after its meeting in Abuja on Thursday, ...
Nigerian governors have thrown their weight behind the Federal Government’s tax reform bills. But they are proposing a new sharing formula for value-added tax (VAT). The decision followed a ...
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