Goods And Services Tax news and trends

British Grocers Get A Boost From Brexit
Retail // July 07, 2017

The fallout of Brexit has been pretty sobering for Britain. Prices are up, wage growth is down, and both of those have dealt a blow to household spending power – and therefore the economy overall. Retail in general is suffering as consumers pinch pennies. However,...

Moglix Simplifies B2B eCommerce Tax Compliance
B2B Payments // December 19, 2016

B2B eCommerce platform Moglix is simplifying the Goods and Services Tax (GST) process for manufacturers using its services as companies brace for new tax reforms to take effect in India next year. Reports Friday (Dec. 16) said India-based Moglix launched its GST technology to support seamless,...

Quick Reads
Bitcoin Daily: New Zealand Might Change Crypto Tax Rules; Singapore Rules Against eCurrency Operator; ConsenSys...

February 25, 2020
New Zealand is considering changes to its treatment of cryptocurrencies, including dropping a tax on goods and services that many people are unhappy with, according to CoinDesk. The goods and services tax (GST) is unpopular with some. Bitcoin is treated as a property, with all the normal rules of taxation applying, which means crypto is […]