Tags » VAT

The Treat : nostalgia #3

Okay..the thing about dining in posh restaurants is that it feels like heaven – with soft melodies floating in scented lukewarm air, the ornate elliptical tables surrounded by matching chairs, the abstract paintings on the wall glistening in the mellow lighting, the picture perfect sight and the preciousness of moments – unless instead of your girlfriend it’s a male gourmand in the opposite chair and YOU’RE THE ONE WHO IS PAYING THE BILL. 425 more words


WCO's "Guidelines"on Customs-Tax Cooperation

The “Guidelines for strengthening cooperation and exchange of information between Customs and Tax authorities at the national level” have been formulated with the support of WCO Members and development partners, especially the Organisation for Economic Co-operation and Development (OECD) and the International Chamber of Commerce (ICC). 240 more words


Why should I pay taxes on revenues that I haven’t received money on?

As our economy continues to spiral downwards, debtors have become part of every small business be it trading or services. Besides being a significant part of business, debtor management has become one of the determining factors for success in business. 757 more words


'Avoid cess, increase GST peak rate'

 India’s GST journey is in its critical phase with GST Council debating important issues like rate structure, administrative ease and GST law. Multiple rate structure is the pragmatic way forward, and aligned to what CEA report indicated. 363 more words


Malaysia police have no plans to legalise online gambling: Inspector-General

(Source: www.channelnewsasia.com)

IPOH: Malaysian police have no plans to propose to the government to legalise online gambling although neighbouring Singapore has done so. 164 more words

Current Affairs

Vat registration - when to do it

A designer who is not VAT registered and they have been asked by a customer to do some design work on their property. The value of the work is expected to be about £70,000. 289 more words


Vat Question for a garage...

A garage is VAT registered and a customer has asked them to fit some new tyres and alloy wheels to their vehicle. The customer is disabled and has provided them with an exemption certificate stating that they should not charge VAT to them. 282 more words