The compulsory threshold for value-added tax (Vat) registration has been R1 million for the past 16 years. If it had kept ...

Consequently, the business customer will not need to account for VAT on this purchase. For services provided by SMEs to businesses in other member states, two scenarios apply. If the SME does not ...

Hi, we purchased a vacant property in June 2024 via Auction. This consisted of former restaurant with residential upper parts.

You’ll likely pay VAT (value added tax) most days without being very aware of it, as the tax is added to most products and services, charged by businesses large and small, as we ...

HM Revenue and Customs (HMRC) has shared an update on an IT error that has incorrectly left some customers facing penalties on their VAT accounts. The issue affected ...

With the rising popularity of cryptocurrencies in the UAE, the question of the tax treatment of mining has become ...

The Federal Tax Authority (FTA) of the United Arab Emirates (UAE) issued a clarification regarding VAT (Value Added Tax) for ...