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Tag: vat
Firms start price cuts as 4bn VAT boost begins
2020-07-15 01:24:28| BBC News | Business | UK Edition
Starbucks and McDonald's are the latest firms to cut some prices, but not all businesses can afford to do so.
Tags: price
start
begins
firms
Indonesia introduces 10% VAT on Amazon, Google, Netflix and Spotify
2020-07-10 08:56:00| Telecompaper Headlines
(Telecompaper) Indonesia has introduced a digital CAT services tax on Amazon Web Services, Google Asia Pacific, Google Ireland, Google, Netflix International, Spotify, The Register reports. These companies will be required to collect a 10 percent tax on top of their charges and remit the funds to Indonesia's Direktorat Jenderal Pajak (aka the Directorate General of Taxes).
Tags: google
amazon
indonesia
vat
Coronavirus: Visitors may not see the thrill of VAT cut
2020-07-08 18:37:46| BBC News | Business | UK Edition
Attractions and restaurants may not pass on the chancellor's VAT cut to visitors.
Chancellor Rishi Sunak cuts VAT in emergency plan to save jobs
2020-07-08 15:34:44| BBC News | Business | UK Edition
Firms will also get a bonus to keep furloughed staff, as part of a 30bn plan to stop mass unemployment.
Tags: save
plan
jobs
emergency
Saudi Arabia triples VAT to support coronavirus-hit economy
2020-05-11 05:24:14| BBC News | Business | UK Edition
The oil-rich kingdom's finances have been rocked after the pandemic forced down global energy prices.
Tags: support
economy
arabia
saudi