The VAT Act amendment in the Finance bill 2025 seeks to move some goods, including raw materials for manufacturing medicine, ...

Treasury CS John Mbadi urged MPs to reclassify various items in the Finance Bill 2025, shifting them from the VAT zero-rated ...

The Finance Bill 2025 proposed changes to the Value Added Tax (VAT) Act, seeking to move some goods from the zero-rated to ...

Against a backdrop of rising retail margins and producer costs, these six essential food items have experienced easing price ...

REPUBLIC Act 11976, or the Ease of Paying Taxes Act, which took effect last Jan. 22, 2024, introduced significant changes to ...

In keeping with its mandate to promulgate the necessary rules and regulations for the effective implementation of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities ...

Revenue Memorandum Circular 032-2025 disseminates the Joint Administrative Order (JAO) 002-2025, issued by the Department of ...

The Court of Appeal (CA) in WTGIL Ltd v HMRC [2025] EWCA Civ 399 considered the scope of the VAT exemption for services supplied by ...

We have recently engaged a new client who lets a commercial property to a VAT registered tenant. There is no OTT on the property, but our client ...

Businesses dealing in zero-rated goods can reclaim input VAT, potentially lowering costs, whereas those offering exempt goods cannot, which may lead to higher operating expenses.

Last year’s Finance Bill introduced major taxation measures, but it was later withdrawn after days of protests across the ...