VAT news tagged as "Books"

Czech Republic

Czech VAT Ledgers update

April 27th, 2015

The Czech General Finance Directive (GFD) has added further clarifications to plans to require companies to submit VAT Ledgers from 2016. EU VAT Ledgers to end VAT returns VAT Ledgers (or Books) is the term applied to electronic filings of all accounting records affected by VAT transactions. They can include: sales and purchase ledgers; as …


Kenya

Kenya proposes full 16% VAT on books

July 13th, 2013

In an attempt to expand tax revenues, the Kenyan government has proposed imposing full VAT on books and other stationery supplies.  The current Kenyan VAT rate is 16%. The new proposals also include raising consumer energy supplies from the reduced 12% rate to 16%, too.