Foreign businesses operating in the Philippines must understand the thresholds and requirements for VAT registration. Companies with gross annual sales or receipts exceeding PHP 3 million are required ...

The Inland Revenue Department (IRD) says that all Value Added Tax (VAT) returns must be filed electronically from July 01, 2025. Meanwhile, manual filed return submissions will only be allowed under ...

From January 2023, new penalties for late VAT filing and payments have been applied. Since March 2025, MTD aims to bring more small businesses onto a digital reporting system and penalty rules will be ...

Welcome to Money, Sky News' consumer and personal finance hub. Today: M&S's payments meltdown goes from bad to worse; we're ...

The Minister of Finance, Enoch Godongwana, will soon implement measures to reverse the highly contested and reviled VAT hike in South Africa. National Treasury announced on Thursday (24 April ...

We list the best small business accounting software, to make it simple and easy to better manage your income and outgoings, profit, and tax liabilities. While there are standalone options for ...

If your business is based in the EU, you have different VAT obligations depending where you buy from or sell to, and if you are trading in goods or services. For example, if you sell a product to an ...