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What is the VAT Flat Rate Scheme and how does it work?

The VAT Flat Rate Scheme makes bookkeeping easier by allowing you to pay a fixed percentage of your VAT-inclusive turnover to HMRC, rather than having to calculate VAT on each transaction. To be ...

Budget 2026 Q&A: ‘What are the changes to inheritance tax and reliefs?’ Your questions answered

Now that the details of Budget 2026 have been revealed, you may have questions about how the measures within it will impact ...

Could we REALLY scrap stamp duty? What ditching the hated tax would cost and why it could boost the economy

We explain how much stamp duty people pay, how much it adds to the Treasury coffers and what could replace it if it is axed.

This tax calculator adds up how much you’ll save on 2026 taxes under the One Big Beautiful Bill Act

A tax calculator tool from the nonprofit Tax Foundation looks at take-home pay after the new law, including write-offs like ...
Bangkok Post on MSN

Department to speed up VAT refunds of B160bn

The Revenue Department has been instructed to expedite the refund of outstanding value-added tax (VAT) amounting to 160 billion baht to enhance liquidity in the business sector.According to Finance ...
Project SyndicateOpinion

Rethinking Value-Added Taxes for Developing Economies

Graziosi and Rick van der Ploeg call for a reassessment of a framework that has failed to drive inclusive growth in ...