While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...

The surprise inclusion of VAT to calculate tariffs prompts questions over the possible impact on British businesses.

President Trump on Thursday directed federal agencies to study reciprocal tariffs aimed at matching taxes and other economic ...

Three weeks into office, President Trump advanced his 'America First' trade agenda by investigating reciprocal tariffs and ...

A former Conservative party branch treasurer was caught running a £1m VAT fraud and money laundering scheme, a court has ...

VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...

The British Government will not 'overreact', senior minister says after US president signs policy on retaliatory tariffs ...

The tough economy has been compounded by lower personal and household incomes due to increased pay slip deductions.

Economic experts have warned that the UK could actually be hit harder than China by Donald Trump's new trade war tariffs, ...

Sir Keir Starmer is on a collision course with Donald Trump over the future of Ukraine and the president’s latest threat to ...

Sri Lanka has the lowest tax revenue collected through Value Added Tax (VAT) in South Asia while Maldives with a lower tax ...

If Dante were alive today, he might be drafting a tenth circle of Hell exclusively for Italy’s art dealers, collectors, and ...