Tax administration is rapidly evolving, and businesses worldwide are embracing digital transformation to stay compliant. Governments are implementing real-time tax compliance measures, including e-invoicing, to improve tax collection and reduce VAT fraud. But how does...
The cost of energy is a significant concern for businesses. With fluctuating prices and growing operational demands, understanding the intricacies of VAT on business electricity can lead to substantial savings. This guide breaks down business energy VAT rates,...
The hospitality industry is dynamic, catering to diverse needs ranging from fine dining and hotel stays to event catering and leisure activities. However, managing VAT on hospitality expenses can be a complex challenge due to varying rates and rules applied to food,...