The government will enter a decisive phase of economic reset this year with an uncompromising policy to preserve stability, entrench debt sustainability, sustain growth and deliver prosperity that ...
The Kenya Revenue Authority (KRA) introduced the VAT Special Table in June 2025 as a compliance tool integrated into the iTax ...
South African consumers faced multiple financial pressures in 2025 as changes to the fuel levy and an increase in electricity ...
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) 108-2025 to publish the full text of a letter ...
Under the VAT regime, businesses are entitled to refunds when their input VAT exceeds output VAT — a situation commonly faced by exporters, whose supplies are zero-rated.
The Government is set to slash VAT on food, drink and even staycations this week to help kickstart the economy and give struggling businesses a boost. Small and local pubs, restaurants and attractions ...
The National Board of Revenue (NBR) has taken a long-awaited step towards digitising tax refunds, moving away from the slow, manual process that businesses have long criticised as cumbersome and ...