Income tax
The Government of Vietnam has officially announced that e-commerce platforms will begin withholding and paying value-added tax (VAT) and personal income tax (PIT) on behalf of individual sellers starting July 1, as per Decree No. 117/2025/ND-CP. This move aims to enhance the efficiency of tax collection from the
Tax law
The Nigerian government has introduced new tax laws that exempt low-income earners from paying personal income tax. This move is part of President Bola Tinubu's efforts to promote economic inclusivity and equity. The reforms also include investment initiatives from Dangote Petroleum Refinery, aimed at reducing fuel distribution costs
Investment plans
The Government is poised to significantly alter the Individual Savings Account (Isa) regime, with experts warning that the annual cash Isa allowance will be severely restricted. The changes, aimed at encouraging people to invest in stocks and shares, will make it difficult for those who rely on cash Isas to
Economic growth
As the Bank of England reduced interest rates to 4.25% due to softening inflation, money-saving expert Martin Lewis cautioned listeners that swift action was necessary to secure better interest rates. He emphasized the importance of taking control of one's savings, advising a listener that switching to a
Personal finance
Over five years to the end of 2024, multi-asset retirement funds with an offshore component fared only marginally better than funds invested wholly in South Africa. This trend is significant, as it shows that despite a shift towards offshore investments, the domestic market has provided solid returns. The Alexforbes Manager
Personal finance
When it comes to saving money while spending, cashback offers are a hidden gem that many people either ignore or don't fully understand. By taking a closer look at the various types of cashback offers available, you can make the most of your daily spending and earn a
Chipsets
Samsung's latest foldable device, the Galaxy Z Flip 6, has been unveiled with several upgrades over its predecessor, the Galaxy Z Flip 5. While both phones share a similar design language, the latter boasts a new chipset, better camera setup, and enhanced water resistance. But is the Galaxy
Personal finance
Pension scheme members are paying attention as the new pensions ombudsman, Dr Julian Farrand, takes on cases involving surpluses, distress awards, and the earmarking provision in the Pensions Bill. However, the outcome of each case depends on the individual scheme's rules, and the ombudsman's jurisdiction is
Personal finance
Investing in mutual funds can be a balancing act, with no single type of investment or sector consistently leading the way. To succeed, it's essential to spread your bets across a variety of investments, some in bonds, stocks, small-sized companies, and large ones, both in Canada and internationally.
Personal finance
If you're one of the millions of employees or self-employed individuals without access to a company pension scheme, consider investing in a personal pension plan to build a tax-efficient retirement fund. Since their introduction in July 1988, some 5 million employees have taken out personal pensions, but their
Personal finance
A decision over whether to opt out of the state earnings-related pensions scheme (Serps) using a personal pension plan depends on factors such as income, age, and the scheme's charges. Those earning less than £8,500 a year will receive a small National Insurance contribution rebate, making it
Personal finance
For first-time homebuyers, the deposit is often the biggest obstacle to owning a home. With prices skyrocketing and savings dwindling, many are forced to seek alternative solutions, such as 100% mortgages. However, lenders have been known to charge premiums for these high-risk loans, leaving borrowers with even higher repayments. In
