Growth in current expenditure set to slow while Coalition turns attention to delivery of big infrastructure projects ...
The Government of Ghana (the ‘’Government’’), acting through the Minister for Finance, presented the Mid-Year Fiscal Policy Review of the 2025 Budget Statement and Economic Policy for 2025 financial ...
Russia's finance ministry proposed raising the rate of value-added tax on Wednesday to 22% from 20% in 2026 to fund military spending and help curb a swelling budget deficit, in what would be the ...
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VAT cut to 10% could hurt government finances – DOF
MANILA, Philippines — Reducing the value-added tax (VAT) rate to 10 percent from 12 percent could cost the government roughly P330 billion annually, derail fiscal consolidation efforts and ...
Many African countries inherited their tax systems from France. A tax system that consisted only of a VAT of 18%, with no income or payroll taxes, would probably generate the same or higher ...
Rachel Reeves spent much of Monday fending off questions about tax rises. It’s not a matter of ‘if’ tax bills will rise after the budget. That’s a given. The questions are: which taxes will rise and ...
The UK is forecast to see the highest rate of inflation of the G7 advanced economies this year, according to an influential global policy group. The Organization for Economic Co-operation and ...
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Russia Moves to Raise VAT by 2% as Budget Deficit Swells
Russia’s Finance Ministry on Wednesday proposed raising the country’s value-added tax (VAT) from 20% to 22% starting next year, as part of a new budget plan aimed at covering surging defense and ...
The chancellor is expected to outline significant tax rises in the upcoming budget in November, as borrowing costs soar. Months of speculation has included talk of a potential wealth tax, changes to ...
With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...
Extra.ie can reveal that VAT on new-build apartments will be reduced from the current rate of 13.5% in an attempt to ease the housing crisis. Under EU rules, VAT cannot be entirely scrapped for new ...
Saving money can be a challenge in an economy with persistent inflation. After all, if your money doesn't earn a return that's at least equal to inflation, it will lose buying power. But, a ...
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