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Results for
VAT
11 Results-
Liz Truss considers cutting VAT to 15 pct to ease UK crisis: Telegraph
Liz Truss is considering cutting Britain’s VAT sales tax by as much as 5 percentage points across the board, the Telegraph reported, a move that may ... Economy -
Saudi consumer inflation up 1.1 pct in November on higher prices for gasoline
Saudi Arabia’s consumer price index increased by 1.1 percent in November from a year earlier and was 0.2 percent higher on the month, government data ... Gulf -
Saudi Arabia set to reconsider 15 percent VAT rate: Finance minister
Saudi Arabia’s Finance Minister, Mohammed al-Jadaan said that the Kingdom will most likely reconsider the value-added tax (VAT) rate when economic and ... Economy -
EU to cut VAT to pave way for cheaper internet, bicycles, solar panels
European Union finance ministers agreed on Tuesday to change EU rules so that they can cut the Value Added Tax (VAT) on goods and services linked to ... Economy -
Bahrain government sends draft bill to parliament to approve VAT amendment
Bahrain’s government has officially sent a draft proposal to parliament for approval to amend value-added tax beginning on Jan. 1, 2022, according to ... Gulf -
Bahrain considering doubling value added tax to 10 pct: Sources
Bahrain is considering doubling value added tax to 10 percent to boost state revenues and reduce its budget deficit, a Bahraini parliamentary source ... Economy -
Saudi Arabia could review VAT hike after pandemic ends, says minister
Saudi Arabia’s acting information minister on Thursday said the kingdom could review its VAT increase after the novel coronavirus pandemic ends, a ... Economy -
Oman to implement 5 pct VAT starting in six months: Oman TV
Oman's ruler has issued a decree to start levying a 5 percent value-added tax in six months' time, state-run Oman TV said on Monday, as the Gulf oil ... Gulf -
Saudi Arabia raises VAT tax to 15 pct amid coronavirus: How does it affect consumers?
Saudi Arabia’s decision to raise value-added-tax (VAT) from five percent to 15 percent, will come into effect starting from Wednesday, July 1.The ... Coronavirus -
Saudi Arabia reaps the benefit of establishing VAT
The coronavirus has caused the largest global economic crisis in nearly 100 years, forcing governments to take drastic moves to protect their ... Middle East -
Saudi VAT: New coronavirus tax rate one of the lowest among advanced economies
On Monday, Saudi Arabia announced it would be tripling its value added tax (VAT) rate to 15 percent from July 1, up from 5 percent.The move comes as ... Coronavirus
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