Value Added Tax (VAT)

RECENT NEWS
guardian.co.uk  Dec 4  Comment 
John Lewis say consumer confidence is 'crucial', while some brands accept the tax must rise to plug UK deficit High-street retailers are bracing themselves for a potentially big rise in VAT next year, warning that it would stoke inflation and...
Financial Times  Dec 4  Comment 
New car registrations were 57.6 per cent higher in November than a year ago as UK consumers rushed to take advantage of the scrappage scheme and beat next year’s rise in value added tax
guardian.co.uk  Nov 26  Comment 
CBI says retailers expecting growth in Christmas run-up Sales on Britain's high streets rose at the fastest pace in two years in November as shoppers rushed to take advantage of the VAT holiday. The Confederation of British Industry (CBI) said ...
Reuters  Nov 25  Comment 
Burundi fiscal revenues grew 38 percent in the third quarter of 2009 compared with the same period last year due to higher value-added tax collections, the finance ministry said on Wednesday.
BBC News  Nov 20  Comment 
Shoppers have given a muted response to the lower rate of VAT although a majority want it extended, a BBC poll finds.
The Economic Times  Nov 10  Comment 
Various levies such as excise, value added tax and service tax are proposed to be subsumed in the the Goods and Services Tax, making it a lot easier for the business and industry.
guardian.co.uk  Nov 8  Comment 
Prospect of sales tax increase could stamp out green shoots of recovery, say retailers Retailers are worried: just when it starts to look as though the worst might be over on the high streets, there are growing fears that an increase in VAT to...
BBC News  Nov 3  Comment 
New Year's Eve revellers will get an extra six hours of reduced-VAT drinking, the government announces.
The Economic Times  Nov 2  Comment 
Assam gov’s decision to increase VAT by 1 percentage point on items subjected to 4% and 12.5% tax under Schedule II of the VAT Act has come under attack both from the opposition and industry bodies.
Times Online  Nov 2  Comment 
The Government was accused last night of “thwarting” enterprise with demands from the owners of collapsed businesses of up to six months of VAT for the right to start again.
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