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19 Aug 22
The German government has announced plans to cut VAT on gas sales by more than half, to help cushion the impact of the cost-of-living crisis.
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22 Mar 22
The Chinese State Council has approved plans to provide hundreds of billions of pounds in VAT relief to small businesses to help maintain economic stability.
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21 Dec 21
The Swedish government is set to reintroduce Covid-19 support measures for businesses this month, as the nation enters into restrictions to help reduce infections.
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3 Dec 21
Japan’s economic rebound from Covid-19 would be buoyed by spending to boost the country’s digital transformation, according to the OECD.
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17 Nov 20
Germany’s inaction in fighting fraud in online sales has been blasted as “incomprehensible” by the country’s state audit office president – given the amount of money spent over the internet.
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12 May 20
Saudi Arabia is set to suspend the living allowance for state employees, in a bid reduce spending amid an economic outlook hit by plunging oil prices and the coronavirus pandemic.
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25 Jun 19
The UK government has swiftly brought in measures to stop a renewable energy sector tax fraud - one of a range of scams costing EU states an estimated €50bn each year.
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26 Feb 18
South Africa’s ruling party has said it will look at ways to soften the impact of the new VAT rates on poorer people by adding more zero-rates and tax-free items.
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21 Feb 18
South Africa has increased its value added tax for the first time in 25 years, from 14% to 15% from 1 April, as part of efforts to cut the budget deficit.
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4 Oct 17
The European Commission has proposed new reforms to crack down on VAT fraud and ensure a more robust and simpler system for governments and companies.
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13 Jun 17
The International Monetary Fund has released $314.4m to Tunisia, rewarding the government’s efforts towards economic stability.
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11 Apr 17
More taxes, better monitoring and more transparent spending will be needed in Qatar to offset the impact of a price slump on the country’s commodity-reliant economy, according to the International...
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31 Jan 17
Saudi Arabia is to implement a VAT in the kingdom for the first time in an effort to cut Riyadh’s budget deficit.
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2 Dec 16
The European Union is set to crack down on overseas firms illegally shipping small items to customers within the bloc without charging VAT.
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4 Nov 16
India has set the rates for a goods and services tax system that could see a single market in the country for the first time since it achieved independence.
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10 Oct 16
The International Monetary Fund has slashed its budget deficit projections for oil-exporting countries in the Middle East and North Africa over the next five years, by over $230bn.
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26 Sep 16
Nigeria has hunted down 700,000 tax-cheating firms and expects to identify 10 million non-tax paying individuals and make them pay up by December, the country’s tax chief has said.
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21 Sep 16
Digitising taxes in Tanzania could boost the country’s revenues by half a billion dollars every year, according to a United Nations report.
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6 Sep 16
The European Union lost a "staggering" €160bn in value added tax revenues in 2014, according to European Commission data released today.
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11 Aug 16
Egypt is set to benefit from a $12bn International Monetary Fund loan over the next three years after agreeing on a programme to support economic reforms, it was announced today.
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4 Aug 16
An historic tax reform that will help create a single market in India has been backed by the country’s parliament.
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18 Jul 16
A host of Nigerian experts have called for a review of the country’s tax system, which collects significantly less than it could.
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3 Jun 16
The way the international community deals with fragile states needs an urgent rethink, according to the director of the London School of Economics’ International Growth Centre.
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26 May 16
European Union finance ministers yesterday failed to agree on rules to crack down on tax avoidance by multinational companies.
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23 May 16
Greece has passed yet another round of austerity measures in the hope of securing the release of much-needed bailout funds from its creditors.
19 Aug 22The German government has announced plans to cut VAT on gas sales by more than half, to help cushion the impact of the cost-of-living crisis.
22 Mar 22The Chinese State Council has approved plans to provide hundreds of billions of pounds in VAT relief to small businesses to help maintain economic stability.
21 Dec 21The Swedish government is set to reintroduce Covid-19 support measures for businesses this month, as the nation enters into restrictions to help reduce infections.
3 Dec 21Japan’s economic rebound from Covid-19 would be buoyed by spending to boost the country’s digital transformation, according to the OECD.
12 May 20Saudi Arabia is set to suspend the living allowance for state employees, in a bid reduce spending amid an economic outlook hit by plunging oil prices and the coronavirus pandemic.
25 Jun 19The UK government has swiftly brought in measures to stop a renewable energy sector tax fraud - one of a range of scams costing EU states an estimated €50bn each year.
26 Feb 18South Africa’s ruling party has said it will look at ways to soften the impact of the new VAT rates on poorer people by adding more zero-rates and tax-free items.
21 Feb 18South Africa has increased its value added tax for the first time in 25 years, from 14% to 15% from 1 April, as part of efforts to cut the budget deficit.
4 Oct 17The European Commission has proposed new reforms to crack down on VAT fraud and ensure a more robust and simpler system for governments and companies.
13 Jun 17The International Monetary Fund has released $314.4m to Tunisia, rewarding the government’s efforts towards economic stability.
11 Apr 17More taxes, better monitoring and more transparent spending will be needed in Qatar to offset the impact of a price slump on the country’s commodity-reliant economy, according to the International...
31 Jan 17Saudi Arabia is to implement a VAT in the kingdom for the first time in an effort to cut Riyadh’s budget deficit.
2 Dec 16The European Union is set to crack down on overseas firms illegally shipping small items to customers within the bloc without charging VAT.
4 Nov 16India has set the rates for a goods and services tax system that could see a single market in the country for the first time since it achieved independence.
10 Oct 16The International Monetary Fund has slashed its budget deficit projections for oil-exporting countries in the Middle East and North Africa over the next five years, by over $230bn.
26 Sep 16Nigeria has hunted down 700,000 tax-cheating firms and expects to identify 10 million non-tax paying individuals and make them pay up by December, the country’s tax chief has said.
21 Sep 16Digitising taxes in Tanzania could boost the country’s revenues by half a billion dollars every year, according to a United Nations report.
11 Aug 16Egypt is set to benefit from a $12bn International Monetary Fund loan over the next three years after agreeing on a programme to support economic reforms, it was announced today.
18 Jul 16A host of Nigerian experts have called for a review of the country’s tax system, which collects significantly less than it could.
3 Jun 16The way the international community deals with fragile states needs an urgent rethink, according to the director of the London School of Economics’ International Growth Centre.
26 May 16European Union finance ministers yesterday failed to agree on rules to crack down on tax avoidance by multinational companies.
23 May 16Greece has passed yet another round of austerity measures in the hope of securing the release of much-needed bailout funds from its creditors.
