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BANGLADESH: Implementation of the VAT and Supplementary Duty Act 2012 as of July 1st 2019

The reduced VAT rate and tariff value system are to be revoked in order to implement the single VAT rate system. However, it has been reported that the National Board of Revenue may implement multi-tier VAT rates instead of a single rate. 625 more words

Tax Knowledge

Tax Planning

Accounting Direct has many years of experience in finance and accounting from various organizations. We are happy to assist you with monthly and year-end closures, where for a shorter or longer period we can start with accounting assistance. 73 more words

Financial Audit Procedures for Small Organizations

It is important to conduct an audit of
your company, because the auditor gives an independent opinion about the company’s
financial position and the trustworthiness of its financial statements. 366 more words


UAE Business Visitor VAT Refund technique

To be qualified, remote organizations must meet four conditions:

The business must not have a position of foundation in the UAE or in any of the… 387 more words


VAT Warning for Cafes and Sandwich Bars

Over the last few years, VAT on food has enjoyed more than its 15 minutes of fame in the tax spotlight. But with Making Tax Digital (MTD), it is something that cafes and sandwich bars would do well to look at again. 333 more words


FAAC disburse N1.92 trn to Federal, States and LGAs in 1st quarter – NBS

The Federation Account Allocation Committee (FAAC) has disbursed N1.92 trillion to three tiers of government in the first quarter of 2019, according to the National Bureau of Statistics (NBS). 689 more words


What do you do when you’re under investigation – and surveillance – by HMRC? 

A VAT officer is watching when you least expect it…

It’s a scary thought, isn’t it? But, unfortunately, when it
comes to your business and the VAT officers at HMRC, it’s an all too common… 941 more words