The National Board of Revenue (NBR) has extended the deadline for VAT return submission till March 18 following a technical glitch in its online system, the Integrated VAT Administration System.
In this case, reliance on a staff member to submit VAT returns was found not to be a reasonable excuse by the first tier tribunal (FTT), even more so ...
Gold mining title holders will in future be tarred with the same brush as the second-hand gold industry to address concerns ...
CREATE MORE (Republic Act 12066) made significant clarifications on the taxation of and incentives enjoyed by registered ...
Malcolm Macaskill, who was also caught laundering money, is living with a brain tumour at his home in Cambuslang.
Although the VAT in the Digital Age package changes will take a few years to be implemented, businesses need to start ...
When a VAT-registered company submits its VAT return, there will sometimes be a refund due. This occurs when the business has paid out more in VAT in the qualifying period than it has received.
A tax expert has said the government’s plan to reform the value-added tax (VAT) regime could simplify compliance, reduce ...
Malcolm Macaskill, 65, filed bogus forms to HMRC which grossly overstated the sales from his sandwich businesses to reclaim more than £800,000.
These measures include implementing VAT Auto-Population of Returns, a streamlined filing process in which KRA pre-fills VAT returns with tax information from iTax, TIMS, eTIMS, and the customs ...
The National Board of Revenue (NBR) has extended the deadline for VAT return submission till March 18 following a technical glitch in its online system, the Integrated VAT Administration System.