August 2022

Discounted VAT Rate Days August 2022

August 25, 2022 in National

The Inland Revenue Department (IRD) is pleased to announce that the 26th and 27th August, 2022 are the prescribed dates for the Discounted VAT Rate Days. This will allow all approved VAT registered businesses to charge VAT at the rate of 5% on the sale of...

Biden just forgave $10,000 in student loan debt. Elizabeth Warren calls it ‘one of the biggest acts of consumer debt relief in American history,’ while Mitch McConnell calls it ‘socialism’

August 25, 2022 in International

For much of this year, millions of people across the country have held their breath, hoping President Joe Biden would keep his campaign promise and waive some, or even all, of their student debt. On Wednesday, Biden finally announced his plan. His administration will forgive $10,000...