While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...

The surprise inclusion of VAT to calculate tariffs prompts questions over the possible impact on British businesses.

President Trump on Thursday directed federal agencies to study reciprocal tariffs aimed at matching taxes and other economic ...

Three weeks into office, President Trump advanced his 'America First' trade agenda by investigating reciprocal tariffs and ...

A former Conservative party branch treasurer was caught running a £1m VAT fraud and money laundering scheme, a court has ...

VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...

Bedstone College in Bucknell, Shropshire, will close at the end of the academic year, with the school blaming the VAT rise in ...

An independent school in Shropshire that taught Britain’s Astronomer Royal has announced it is closing following Labour’s tax ...

The tough economy has been compounded by lower personal and household incomes due to increased pay slip deductions.

Sir Keir Starmer is on a collision course with Donald Trump over the future of Ukraine and the president’s latest threat to ...

Economic experts have warned that the UK could actually be hit harder than China by Donald Trump's new trade war tariffs, ...

The British Government will not 'overreact', senior minister says after US president signs policy on retaliatory tariffs ...