The HMRC officer came to the view that the entities’ invoices were contrived and began investigating their business affairs more closely. He discovered that the 16 businesses operated as a network, ...
This approach would allow for 80% of the output VAT to be paid on the first (late period) VAT return and the remaining 20% on the next VAT return, improving cash flow and reducing penalties. However, ...
In the event of a postal service disruption, water utility bills and property tax bills will continue to be issued and the payment due date will remain unchanged. For those who receive their bills by ...
ISLAMABAD: The government is set to amend tax law through a presidential ordinance to make it mandatory for all importers and manufacturers to sell their products to known customers to bring more ...