Sri Lanka Tax Agency Announces March 2026, Q1 2026 VAT Return Filing Deadline

The Sri Lankan Inland Revenue April 15 announced the April 30 filing deadline for March 2026 and Q1 2026 VAT returns. The announcement also includes that: 1) penalties will be ...

Glasgow restaurant owners carried out VAT fraud of nearly £700k

Antonio Carbajosa, 41, Kevin Campbell, 44, and accountant Khalid Javid, 67, were arrested after an HMRC probe.
The Kenya Times on MSN

Confusion as petroleum outlets question 8% VAT implementation

Petroleum Outlets Association of Kenya (POAK) has called for urgent clarification from the Kenya Revenue Authority (KRA) ...
Manila Standard

PH exempts over 2,000drugs from VAT

The Bureau of Internal Revenue (BIR) published an updated list of 2,263 drugs exempt from value-added tax on April 8, 2026 to reduce the financial burden ...
The Business Standard

VAT return submission deadline extended

The NBR exercised its authority under Section 64(1A) of the Value Added Tax and Supplementary Duty Act, 2012, to allow additional time for taxpayers to file their returns online.
philstar.com

Oil players favor VAT removal

MANILA, Philippines — As the prices of fuel products surge, oil players have expressed support for removing the value-added tax to lower costs—a sentiment that has been reiterated by various transport ...
Devdiscourse

Ukraine's Delicate Dance with VAT: Controversy Surrounds Proposed Tax Reform

The proposed introduction of a VAT tax on self-employed individuals in Ukraine has been criticized as 'not-constructive' due to its sensitivity. The tax was part of reforms tied to an IMF loan.
Philippine News Agency

2,263 medicines now exempted from VAT

More than 2,000 medicines are now exempted from value-added tax (VAT), the Bureau of Internal Revenue (BIR) said. The BIR posted the full list of 2,263 VAT-exempt drugs Monday, as endorsed by the Food ...
Gov

DOF, BIR issue rules granting VAT exemption for natural gas transactions

The Department of Finance, upon the recommendation of the Bureau of Internal Revenue (BIR), has issued new revenue regulations granting value-added tax (VAT) exemption on indigenous natural gas and ...
Philippine News Agency

Bill to reduce VAT by 10% filed in Senate

A bill seeking to reduce the value-added tax (VAT) from 12 percent to 10 percent has been filed in the Senate on Thursday to ...
BusinessMirror

From ledgers to algorithms: The rise of tax technology in the Philippines

IN last week’s column, I introduced how tax technology—or Tax Tech—is transforming the way we think about taxes, moving us from the days of handwritten ledgers and spreadsheets to today’s ...
CNBC

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