Mass confusion is reigning over the potential of a VAT hike with various reports of it either being suspended for now or coming into effect on May 1. Yet, consumer-facing companies are already telling ...

Wale Edun, Finance Minister and Coordinating Minister of the Economy, has dismissed rumours of a planned hike in the Value-Added Tax (VAT) rate from 7.5% to 10%. In a Monday statement, Edun clarified ...

"Good food. Good coffee. Good vibes." That was the motto of Dublin café Meltdown, which this week announced it was closing its popular toastie sambo venue on Montague Street. In a post on Instagram, ...

The outgoing caretaker cabinet has approved an extension of the 7% value-added tax (VAT) rate until the end of September 2026 to ease economic pressures and sustain domestic consumption, caretaker ...

The chairman of the presidential committee on fiscal policy and tax reforms, Taiwo Oyedele, has said that reports he is proposing an increase in VAT rate have been quoted out of context. The Nation ...

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 ...

VAT stands for Value Added Tax and is a government levy on goods and services. It is added to the price of nearly everything bought or sold, including financial services and utilities. The standard UK ...

Solar panels installed on private homes and public buildings could see reduced VAT rates. Image: Enefit Green. Solar modules sold in the European Union (EU) could be subject to lower value added tax ...

The current VAT rate of Nigeria is among the lowest in the world and well below the rates in other ECOWAS member states. She mentioned this on the third day of her four days official visit to Nigeria ...