SEN. Loren Legarda filed two bills to lower prices on basic goods and services while expanding value-added tax (VAT) exemptions for essential necessities and medical services.
# Food merchants fear the “workload” created by new tax rules will make it “impossible to comply” with timely and accurate VAT filings, Super Value’s owner is warning, while asserting all would be ...
The Free National Movement (FNM) said yesterday that the government’s decision to exempt uncooked food from value-added tax, ...
The government has updated its Value Added Tax (VAT) exemption policy, introducing expiration dates for certain tax breaks. These time-limited exemptions now apply to raw materials, machinery imported ...
The Prime Minister last night said talks with major food retailers had found “a solution” to the industry’s fears over the imminent VAT rules change for uncooked foods although he provided no details ...
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