Zero-rating is a blunt tool to assist lower-income households, because there is no guarantee that there will be a reduction ...

Foreign tourists visiting the Philippines can now get a refund on the value-added tax (VAT) for items they bought in the country. In a statement, the Department of Finance (DOF) said non-resident ...

Most canned vegetables will not be included in the list of zero-rated food products, according to new VAT legislation ...

The Finance Ministry was recently applauded for expanding the basket of zero-rated foods as part of a series of efforts to ...

For instance, most foods and goods on the shelves at your local grocery store have a VAT charge attached to them. That means that chocolate, frozen meals, alcohol and a host of other products will be ...

The items added to the list of zero-rated foods include edible offal of sheep, poultry, goats, swine, and bovine animals; ...

Company A sponsors a large trade fair. Rather than paying a sponsorship fee of £100,000 + 20% VAT to the event ...

Despite intensive lobbying to include bone-in chicken in the list, it was not included – yet it seems luxury meat items may ...

The VAT zero-rating of basic foodstuffs is aimed at alleviating the regressivity of the tax to ensure that poor people do not ...

Understand how the VAT increase affects your grocery shopping and discover which essential items remain exempt.

South Africans will soon be paying more for everyday essentials as the government considers an increase in Value Added Tax ...

Researchers also say there are missed opportunities to include items that can prevent stunting and provide nutrition, such as ...