The DRC will affect around 150,000 businesses in the construction industry It will require those receiving a supply of construction services to account for VAT directly to HMRC In particular, it will ...
The Ministry of Finance has announced the issuance of Cabinet Decision No. (127) of 2024, expanding the application of the Reverse Charge Mechanism to include precious metals and stones among ...
The UAE's Ministry of Finance has updated its VAT law, effective January 1, 2026, to simplify procedures and enhance ...
On their B2B deals, 'reverse charge mechanism' comes into play Oct. 30 Also In This Package Look: Startup develops $3m-priced 'Gundam'-like robot UAE launches first wind power plant ahead of COP28 ...
On 2 October, the Council agreed a proposal that will allow temporary derogations from normal VAT rules in order to better prevent VAT fraud. The proposed directive will allow member states that are ...
LONDON (Reuters) - Britain's tax authority will introduce reverse value-added tax (VAT) charges relating to carbon emissions trading from November 1, replacing a zero tax rate implemented last year to ...