Author: Peter Nicholson

A Global Challenge in 2025 VAT and GST fraud continues to be a significant challenge for tax authorities worldwide. As fraudsters develop new schemes, governments respond with innovative solutions to close loopholes, improve compliance, and recover lost tax revenues. In 2025, several countries have introduced

Here is our round-up of all the newest tax snippets from March 2025 – featuring news of rate changes, regulatory updates and reclassifications across the world. Bahamas The Bahamas government proposes VAT reduction on unprepared food from 10% to 5 which will take effect on

Niger is the latest country to tighten its tax rules on digital services, proposing VAT obligations for foreign providers and digital platforms. Under the 2025 Finance Act, these new measures will apply retrospectively from January 1, 2024, affecting non-resident companies offering digital services to consumers

On February 4, 2025, the European Parliament approved significant updates to the Value Added Tax (VAT) regulations, aiming to modernise the system in line with the evolving digital economy. These reforms are designed to address the challenges posed by digitalisation and to create a more

Liberia is preparing to implement a Value Added Tax (VAT) system by January 2026, replacing its current Goods and Services Tax (GST). The proposed VAT rate is set at 18%, a significant increase from the existing 10% GST. The GST in Liberia is a single-stage

Here is our round-up of all the newest tax snippets from February 2025 – featuring news of rate changes, regulatory updates and reclassifications across the world. Angola Angola has approved its 2025 budget, which includes a reduction in VAT for manufacturers from 14% to 7%

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Guinea-Bissau implemented a Value Added Tax (VAT) system on January 1, 2025, marking a significant shift in its taxation framework. This move aims to enhance tax revenue collection, promote tax justice, and ensure legal compliance, aligning the country with the harmonised model established by the