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The Bureau of Internal Revenue said yesterday receipts for value-added tax transactions should carry the name of the customer, address, and taxpayer identification number.
What is considered compliant? For reference, the invoicing requirements for VAT-registered taxpayers are outlined in Section 113 of the Tax Code where among others, VAT invoices or receipts shall ...
Now you can easily email or upload your bills, receipts and other documents into Zoho Books and convert them to VAT compliant transactions. Find out how the documents feature helps you automate your ...
Private schools face yet another squeeze on budgets under new Labour plans that would stop them reclaiming tax on receipts. If Labour wins the next general election, independent schools would be ...
But what if tax compliance became fun? Governments around the world are encouraging consumers to ask for receipts by turning them into lottery tickets. Taiwan was an early experimenter, in 1951.
Traders and small businesses will not be able to issue handwritten receipts or invoices after September 30, the Customs Department said, in compliance with the goods and services tax (GST) standard, ...
Seven people have been arrested in an ongoing VAT compliance exercise by the Investigation Unit of the Ghana Revenue Authority (GRA) for allegedly failing to issue VAT receipts to customers who ...