Dubai: The Omani Tax Authority has issued a new clarification outlining Value Added Tax (VAT) procedures for Omani companies registered under the VAT system when importing goods from the UAE and other ...
Use the sales tax calculator to figure out how much sales tax you’ll potentially owe on a purchase. Many, or all, of the products featured on this page are from our advertising partners who compensate ...
The government is under pressure to raise revenues and balance the books ahead of November’s autumn Budget statement. And new economic analysis has revealed which tax rise will be the better option ...
New tiered system to calculate tax based on sugar content replaces current flat 50% rate New system replaces the existing 50% excise tax on the retail price of all sweetened beverages. Pixabay Dubai: ...
The premium tax credit is a refundable credit that helps some taxpayers afford health insurance premiums. The advance PTC lowers the premiums themselves. Many, or all, of the products featured on this ...
Do you think the reduced apartment tax will lead to more affordable apartments or is this just an incentive to build them Mr R.D. That’s really the big question of a budget that pretty much focused ...
Oman's Tax Authority has introduced a three-point plan to eliminate double taxation on UAE imports, effective October 13, 2025. This clarification allows Omani businesses to zero-rate UAE imports, ...
The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...
Chancellor Rachel Reeves has a difficult balancing act on her hands as she attempt to balance the books without raising income tax, VAT or employee National Insurance. (Alamy) Chancellor Rachel Reeves ...
The Chancellor may have to find up to £30billion in tax rises or spending cuts in the Autumn Budget. The Office for Budget Responsibility is expected to downgrade its forecasts for future productivity ...
If you’re in early retirement — or close to it — you don’t want to gloss over the announcement of new tax brackets for 2026 as next year’s problem. While there’s not much surprise to the numbers, ...