Author: Peter Nicholson

In a strategic move to cushion the effects of its upcoming VAT increase, Indonesia has announced a comprehensive economic policy package aimed at supporting businesses and protecting vulnerable sectors of the population. The initiative, disclosed by senior government officials, seeks to balance revenue generation with

Welcome to our Big VAT Quiz of the Year; your chance to test your knowledge of all the news and updates from the indirect tax industry in 2024. From rate changes to regulatory revolution – not to mention a number of bizarre rulings – it’s

Here is our round-up of 25 of the VAT headline changes you need to know for next year: Germany: Effective January 1, 2025, Germany will reduce the VAT rate on art sales to 7%, covering items such as paintings, sculptures, and photography purchased from galleries

Though close in geography, the Channel Islands of Jersey and Guernsey are charting different courses when it comes to addressing fiscal sustainability. While Jersey has relied on its Goods and Services Tax (GST) for over a decade to bolster public finances, Guernsey deliberates whether adopting

Here is our quickfire round-up of 10 of the headlines you need to know from November so far: Germany Germany's Bundestag has enacted the Annual Tax Act 2024, introducing several VAT changes effective from January 1, 2025. Updates include new invoice requirements for businesses taxed

The European Union (EU) has reached a significant milestone with the adoption of the VAT in the Digital Age (ViDA) reform package, marking a decisive shift in the way VAT will be applied across the bloc. At an ECOFIN meeting last week, EU finance ministers

Here is our quickfire round-up of 10 of the headlines you need to know from October so far: Chile The Chilean Congress has passed a new tax reform package to modernise its tax system. The changes include revisions to VAT regulations, which may affect businesses