The Middle East continues to be home to some of the world’s most complex and stringent VAT laws, making compliance a must for all businesses. We’ve rounded up five of the top talking points from the first few days of 2021: 1) Saudi Arabia’s new

Poland has announced it will implement an e-invoicing system to facilitate smooth business-to-business billing, ensure optimum levels of security and increase its ability to identify tax fraud. The country’s Ministry of Finance – National Tax Administration confirmed the move, saying it would be particularly effective

It’s been another hectic week in the world of tax, with dozens of countries updating their VAT systems and tax regulations in the run-up to Christmas. We’ve rounded up five of the most important pieces of news from the last seven days: 1) New levy

2020 has been the most volatile financial year in decades, with the Covid-19 pandemic forcing governments around the world into unprecedented levels of borrowing. As those governments now face up to the prospect of trying to repair their damaged economies and tackle the vast debts

The world of tax moves at a frantic pace – and never more so than during a global pandemic! As governments continue to make changes to VAT rates and rules and further measures are introduced to combat the economic impact of Covid-19, we aim to

Oman is set to become the latest country to adopt a VAT system, with legislation for the tax due to come into effect in April 2021. As with any VAT implementation, there is a vast range of rules, rates and regulations for businesses to get

From Brexit plans to the US election, discover the latest tax changes around the globe in this week’s collection of five tax updates.   1)UK’s Chancellor announces VAT deduction for financial services. Rishi Sunak, the UK’s Chancellor of the Exchequer, has revealed plans for financial