European Union finance ministers this week approved the scrapping of the duty-free exemption for parcels worth under €150, in ...

Thailand will start collecting 10% custom duties on low-cost imports previously exempt from tax as part of a government plan ...

EU states on Thursday agreed to scrap a bloc-wide duty exemption on low-value orders from the likes of retail giants Temu and ...

EU finance ministers on Thursday agreed to scrap a bloc-wide duty exemption on low-value orders from the likes of retail giants Temu and Shein to help tackle a flood of cheap Chinese imports.

Nigeria’s latest tax reform brings key changes to Value Added Tax (VAT). Discover how it affects prices, small businesses, ...

Supreme Court held that payments to registered sub-contractors can be deducted from main contractor’s turnover to prevent VAT double ...

The Jetson ONE is a single-seat electric vertical takeoff and landing vehicle (eVTOL), built to make personal flight feel as ...

The Kenya Revenue Authority (KRA) will, from January, begin validating income and expenses declared in both individual and ...

A total of N12.37 million Non - Import Value Added Tax, VAT, was collected from Delta State ,by the Federation Account Allocation Committee, FAAC, in the month of September 2025, Fresh Angle ...

Quickbooks has a separate VAT code (PVA 20%) for use when import VAT is postponed. However, when set to use the cash accounting scheme for VAT, all such purchase invoices appear on the VAT return only ...

Oman's Tax Authority has introduced a three-point plan to eliminate double taxation on UAE imports, effective October 13, 2025. This clarification allows Omani businesses to zero-rate UAE imports, ...

The VAT threshold is the volume of annual turnover at which businesses are required to register for value-added tax (VAT). Since April 2024, the UK VAT registration threshold has been £90,000. VAT ...