Policy

The GCC VAT had got food firms worries. ©iStock

Food firms worry about arrival of Gulf VAT

By RJ Whitehead

A Gulf-wide goods and services tax that will come into effect next year has been one of the main talking points among companies exhibiting at Gulfood Manufacturing this year, with its ripple effect likely to impact business in the food industry.

Momentum-building Chinese trade could be complimented by a big 'breakthrough' in Saudi Arabia

China to slash tax on Australian cattle

By Oscar Rousseau

Australia’s multi-million dollar livestock trade with China has been boosted by the Asian giant’s decision to axe a tax on slaughter cattle and sheep by 1 January 2019.