Tags » VAT

Data, money transfer to cost more if MPs back Uhuru's VAT proposal

Kenyans will have to pay more for mobile money transfers if MPs back President Uhuru Kenyatta’s memorandum on the Finance Bill, 2018.

The president, in his proposed amendments, seeks Parliament’s approval for a 12 per cent in excise duty on fees charged for money transfer by mobile phone service providers. 553 more words

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President Kenyatta calls Jubilee MPs to support 8% VAT proposal

President Uhuru Kenyatta on Tuesday whipped Jubilee Party Members of Parliament into supporting his proposal for an eight per cent Value Added Tax on petroleum products. 341 more words

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Make VAT Refunds Easy with Expensify’s Newest Integrations

It’s now easier than ever for your company to get a value-added tax (VAT) refund on international expenses. Just connect Expensify to Global VaTax or… 171 more words


Disbursement vs recharged expenses

The treatment of recharged expenses is a common cause of VAT errors. A disbursement is where you act on behalf of your customer in arranging and paying for goods or services, but the underlying supply remains between the supplier and your customer. 174 more words


Detailed technical measures for the definitive VAT system [EU Legislation in Progress]

Written by Ana Claudia Alfieri (1st edition),

The common European value added tax (VAT) system was set up in 1967 and reformed to adapt it to the entry into force of the internal market in 1993. 262 more words


VAT Notice 700/22: Making Tax Digital for VAT

This notice provides information further to the provisions of The Value Added Tax (Amendment) Regulations 2018 (SI 2018 No. 261), which amend the VAT Regulations 1995 (‘the regulations’). 7,723 more words

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Fuel on Fire: Indian states make a killing on taxes as citizens suffer

However, despite the windfall from fuel tax collections, states’ fiscal position has deteriorated over the years

Current News : Even as ordinary people feel the heat over rising fuel prices, an analysis of central and state finances by Business Standard shows that most Indian states are making a killing with… 143 more words