The Federal Government earned a total of N8.61tn from Value Added Tax in 2025, representing a sharp rise from the N6.72tn collected in 2024, according to official data from the Nigeria Revenue Service ...

At its simplest, VAT is a consumption tax built into the price of goods across the European Union. Unlike U.S. sales tax, ...

A headline exchequer surplus of €7.1bn was recorded in 2025, the government said, with this comparing to a surplus of €12.8bn in 2024, a decline of €5.7bn which was also impacted by revenues arising ...

We believe that with a lot of administrative measures and reforms in the new system, VAT is going to be the game changer as far as revenue generation in this country is concerned, and we are looking ...

Nigeria's tax system leaned heavily on consumption and transaction-based revenues in November 2025, with electronic money transfers, Value Added Tax (VAT) and stamp duties jointly contributing about ...

Northern Ireland’s hospitality and tourism sector, employing nearly one in 10 workers and generating close to £2 billion in value annually, stands at a critical turning point. Rising costs, shrinking ...

Tax compliance is not just a government responsibility—it is a shared civic duty that fuels national development. In a bold move to strengthen domestic revenue mobilisation, the Ministry of Finance ...

The federal, state and local governments shared a total of N1.928 trillion as Federation Account revenue for November 2025, according to the Office of the Accountant General of the Federation. The ...

Corporation tax receipts for the first 11 months of the year rose by €3.8 billion (14.9%) to €29.4bn when compared with the same period last year, according to the latest Exchequer returns. €10bn in ...

A strong rise in November’s corporation tax receipts has transformed the State’s position, reversing earlier deficits and strengthening public finances Finance minister Simon Harris. Corporation tax ...

The UK is preparing for one of the biggest changes to its tax and invoicing rules in decades. On 26 November, the government announced in the 2025 Budget that electronic invoicing will become ...

A private school in Cumbria has launched an appeal to raise £180,000 amid fears it could be forced to close within weeks. Hunter Hall Preparatory and Pre-School, in Penrith, currently has about 80 ...