Latest News for: vat

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Defeat for Netanyahu and Smotrich: Likud and Otzma Yehudit block VAT exemption order

Israel National News 24 Feb 2026
MKs from Likud and Otzma Yehudit vote against the measure, while many ministers are absent during the vote on expanding the VAT exemption law, dealing the coalition a defeat ....
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Knesset rejects VAT exemption expansion order on imported goods

Virtual Jerusalem 24 Feb 2026
The Knesset on Monday evening rejected the order to expand the VAT ...
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MAJOR COALITION DRAMA: In Blow To Netanyahu & Smotrich, Knesset Revokes Vat Exemption Order

Virtual Jerusalem 24 Feb 2026
... the VAT exemption on overseas online purchases from $75 to $150.
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VAT invoice data reflects China's robust Spring Festival holiday consumption

China.dot.org 24 Feb 2026
BEIJING, Feb. 24 (Xinhua) -- China's State Taxation Administration released value-added tax (VAT) invoice data on Tuesday, revealing strong consumer spending during the 2026 Spring Festival holiday ... Enditem .
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Knesset cancels VAT exemption hike on personal imports

Globes 24 Feb 2026
The order to double the VAT exemption on personal imports from $75 to $150, signed by Minister of Finance Bezalel Smotrich, was defeated by 59 votes to 25 ... Smotrich doubles VAT exemption on personal imports.
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Planned Swiss VAT increase seen as ‘manageable sacrifice’

Swissinfo 23 Feb 2026
In the view of Swiss Defence Minister Martin Pfister, the planned increase in VAT in favour of the army is a minimum solution for Switzerland's security ... "We are currently under-equipped," the defence minister said ... .
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Avoiding VAT in daily life: What can and cannot be exempted

LBC International 21 Feb 2026
In a previous report, we outlined which goods are subject to value-added tax (VAT) ... In general, items bought in their natural, unprocessed form are not subject to VAT ... cooking at home can significantly reduce VAT exposure.
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VAT Hike: The easy target that hits the poor hardest

Independent online (SA) 21 Feb 2026
Following the controversy over the proposed VAT rate changes last year, we do not anticipate any significant VAT changes.” ... The avoidance of a VAT hike comes amid uncertainty over previously pencilled-in tax increases.
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Celebrity chef Dean Banks slams VAT system by offering 20% discounts at St Andrews restaurants

The Courier 21 Feb 2026
Haar and Dune will offer discounted meals this weekend to highlight how much of customers’ bills is made up of tax ... .
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Budget 2026 and Vat: The quiet revenue lever Sars is pulling

Moneyweb 20 Feb 2026
Last year’s planned Vat hike was reversed after political and economic pushback. For 2026, no rate change is expected ... .
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Scots chef slashes customer bills to show 'crippling impact' of VAT

The Scotsman 20 Feb 2026
A Scottish chef is offering 20 percent off bookings in all his restaurants to highlight the impact of VAT ....
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