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Simon Harris says the Government made a ‘solemn’ promise to cut the VAT rate for hospitality in the budget. But is there a better way to support struggling businesses?
VAT can be one of the trickier areas for self-employed taxi drivers to navigate if they are earning near the threshold. Many ...
For example, a builder sold a new home for NIS 3 million on August 1, with payments due as follows: NIS 500,000 on September 1, NIS 900,000 on December 1, NIS 1m. on March 1, together with the ...
Increasing VAT is likely to be the least bad option. First, it raises significant revenue, at about 17 per cent of total tax revenue.