Author: Peter Nicholson

Saudi Arabia continues to lead VAT policy innovation within the Gulf Cooperation Council (GCC) as it refines its tax framework to support economic diversification. Since its introduction in 2018, Saudi Arabia’s VAT system has undergone rapid evolution, with the rate increasing to 15% in 2020,

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A long-standing debate finally settled? South Africa’s fiscal landscape is undergoing significant changes, with the government’s decision to incrementally increase the VAT rate over the next two years. As announced in Finance Minister Enoch Godongwana’s 2025 Budget Speech, the VAT rate will rise from the

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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