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VAT

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UAE’s introduction of VAT will bolster the country’s global competitiveness

25/08/2015(0)
The announcement of the planned introduction of a federal value-added tax (VAT) and a corporate tax in the UAE has stimulated a lot of discussion on what this means for the ... Read More
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Tax change is necessary to diversify UAE’s economy

14/08/2015(0)
Step by step, the UAE is moving closer to implementing two laws that will change how the economy functions and how the country is perceived abroad. The first is ... Read More
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Egypt faces taxing challenge amid its inaction on cutting fiscal deficit

13/08/2015(0)
Egypt’s government in the coming months faces one of its biggest economic challenges since it came to power a year ago: the implementation of the long-planned value-added tax (VAT). ... Read More
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Sweden Consults On New Bank Tax

12/05/2015(0)
The Swedish Cabinet, on May 7, endorsed plans for a study to be undertaken on the Government’s proposal for a new tax on the financial sector. Financial services, including ... Read More
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GCC pushes on towards introduction of regional VAT

12/05/2015(0)
GCC officials agreed at the weekend to keep working towards the introduction of a value-added tax (VAT) around the region, in a sign that low oil prices may be ... Read More
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EU Clarifies Digital VAT Proposals

11/05/2015(0)
The European Commission has released more detail on its value-added tax proposals under its new Digital Single Market Strategy. The Commission previously confirmed it will legislate in 2016 to ... Read More
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Average tax rate paid by FTSE 100 resumes downward slide, falling to 23.1%

27/04/2015(0)
Oil & gas, banks and resources pay highest rates The average effective rate of tax paid as reported by FTSE 100 companies has resumed its downward slide, dropping to ... Read More
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VAT contributions from EU countries – UK contributes the second highest

08/04/2015(0)
Value Added Tax (VAT) is a major source of funds for EU Budget. Uk group Business for Britain has released a research Business for Britain Research showing that UK is ... Read More
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Austria Announces Substantial Income Tax Reforms

19/03/2015(0)
Austria has announced proposals to provide personal income tax cuts worth EUR5bn (USD5.3bn) to lower income earners. The new tax package, which aims to boost economic growth by reducing ... Read More
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VAT is changing, but do businesses know how to react?

18/03/2015(0)
The start of 2015 brought changes to the way value added tax (VAT) is calculated for direct-to-consumer sales of electronically supplied services. While the changes have been in effect ... Read More
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