Much like how the world has changed, tax systems too have gone through countless revisions throughout history, giving us the modern tax system that we have today. Changes to tax policies are ...

Tax Reforms in England (16th–17th Century): Tudor and Stuart monarchs intensified taxation through the enactment of excise taxes and customs duties. The Bill of Rights (1689) established legislative ...

The House of Representatives has retained Value Added Tax (VAT) at 7.5%, rejecting a proposed gradual increase to 15% by 2030.

A modern digital tax system is within reach, provided that execution, support and infrastructure receive the same level of attention as the initial vision. Despite the initial promise, the Coretax ...

“Overall, this marks a transition towards a more modern tax system for both taxpayers and the administration,” Tolia said. On the other hand, Vivek Jalan, Partner at Tax Connect Advisory ...

As the retail industry continues to evolve, supermarkets need advanced billing software to streamline operations and enhance ...

Businesses will also need to update their systems at the same time. Overall, this marks a transition towards a more modern tax system for both taxpayers and the administration," Tolia added.