With an unprecedented amount of employees working from home, international travel bans abound in major trading countries, Covid-19’s VAT impact is significant.
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The Maltese national party has called for a suspension of the 7% VAT on accommodation to aid hoteliers and local entrepreneurs in a time of ‘uncertainty’.
The UK Government published Budget 2020 on 11th March. The measures were announced by Chancellor Rishi Sunak
What is your business doing to claim the VAT that is rightfully yours?
Foreign businesses who conduct business within Bahrain must keep up the pace if they want to claim a cross-border VAT refund for 2019 expenses.
Acquiring a company tax number in New Zealand entails registering for Domestic GST.
Oman is soon to follow it’s GCC neighbours UAE, Saudi Arabia and Bahrain in introducing Value Added Tax in 2021 in a bid to increase Oman’s economic growth by 2%.
The agreement between the EU council and the UK proposes a transition period till 31 December where the EU Directive and some ECJ rulings may still apply to UK post Brexit.
Hungary drops its VAT rate on accommodation for commercial purposes