Russia has revised its plan to lower VAT thresholds for small businesses after backlash. New thresholds start in 2026, with gradual decreases through 2028 to support military funding. Critics warn it ...

Russia will phase in its plan for a value-added tax (VAT) hike for small businesses over time after entrepreneurs warned that ...

The Russian government has softened its initiative to increase the value-added tax (VAT) for small businesses starting in ...

Major amendments to tax laws are set to modernise administration, adjust personal income tax thresholds, and ensure fairness reform and transparency.

Some Westminster chatter suggests Reeves could increase income tax by 2p while cutting National Insurance by the same amount, ...

EU trade commissioner Maros Sefcovic said on Monday that the European Union would not change its VAT system, which he described as an important source of income for member states.

The Treasury is facing a fall in revenue from fuel duty as more people make the switch from petrol and diesel to electric ...

The Digital Cooperation Organisation (DCO) this week launched the Digital Economy Navigator 2025 (DEN 2025) during the Second World Summit for Social Development in Doha, highlighting Cyprus’ strong ...

Latvia has the second most competitive tax system among the member states of the Organisation for Economic Co-operation and ...

Tory ex-chancellor George Osborne conceded large reforms to the tax system can be difficult politically as he pointed to his 2012 ‘pasty ...

South Africa went from having a 4% temporary general sales tax on goods and services to a 15% permanent value-added tax, ...