To raise awareness among VAT payers, SMS and video messages are also being sent to mobile phones, explaining how businesses can file their returns online from home ...

In a world with a lower VAT ceiling than today’s, expect fewer unregistered rivals, potential FRS tweaks, and more HMRC compliance noise.

The National Board of Revenue (NBR) has introduced a new Online VAT Refund Module to make the process of applying for and receiving VAT refunds more efficient, transparent and fully digital.

The federal government has reaffirmed that all lawyers and law firms are legally required to remit the 7.5 percent Value Added Tax (VAT) to the Federal Inland Revenue Service (FIRS), in line with the ...

Title: OBELL: VAT compliance a necessity for fair business environment, not burden Tax compliance is the fundamental pillar of a country’s healthy business environment and national development. When ...

Making tax digital (MTD) is a government initiative to remove all the paperwork linked to tax over the next few years. By April 2027, all self-employed workers and landlords earning over £30,000 will ...

Whether you're a first-time filer or just need help learning how to file taxes on your own, here's a quick guide that covers how, when and where to file your return. Many, or all, of the products ...

Reviewing your return for mistakes can help you avoid delays. Make sure the numbers you report match the W-2s and 1099s that you and the IRS receive. Get help from the IRS’s tools or the Volunteer ...

Canadian and Indian dual VAT models have been a source of inspiration for the Brazilian model, but the latter has unique and innovative features, the OECD paper claimed ...

The Central Board of Direct Taxes (CBDT) on Wednesday extended the deadlines for filing income tax returns (ITRs) and audit reports for assessment year 2025-26, offering relief to taxpayers and tax ...

The One Big Beautiful Bill Act has supersized the standard deduction for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim up to $6,000 in addition to the ...

Foreign crypto may soon be very visible to the IRS. Currently, IRS has almost no automatic visibility into foreign crypto ...