The National Board of Revenue (NBR) has brought major changes in VAT refunds. To ensure convenience and transparency for ...

ITAT Ahmedabad deleted an addition made due to a minor difference between a firm's VAT returns and its books of account. Tribunal ruled that variation was a legitimate bookkeeping consequence of ...

To raise awareness among VAT payers, SMS and video messages are also being sent to mobile phones, explaining how businesses can file their returns online from home ...

Intuit launches AI agents in UK to automate bookkeeping, customer management and financial analysis for small businesses ...

Michael Benson was convicted of submitting false VAT returns and claiming undue VAT refunds, as well as submitting false ...

The National Board of Revenue (NBR) has launched an Online VAT Refund Module to facilitate the online submission, processing, and direct transfer of VAT refund amounts to taxpayers' bank accounts.

Kaspi faces continued headwinds from smartphone registration rules and new taxes. Click here to read why KSPI stock is downgraded to Hold.

The Finance Ministry plans to gradually raise the value-added tax (VAT) rate by an additional 1.5 percentage points to 8.5% ...

The Tribunal held that VAT input credit shown only in the balance sheet cannot be taxed as income. It upheld deletion of VAT, commission, and notional interest additions, dismissing the revenue’s ...

Rise Puts Heat Under Chancellor’s Bid To Fight Cost-Of-Living Crisis  Energy bills will increase by 0.2% from 1 January 2026 when the ...

TinyTax [1] is one of several newcomers aiming to fill the filing void left by the government’s withdrawal from offering ...