N338.94bn VAT generated in Q1– NBS
The National Bureau of Statistics (NBS) says N338.94billion was generated as Value Added Tax (VAT)…
4 years ago
VAT
VAT on contracts signed earlier than Feb.1 remains 5% — FEC
the Federal Executive Council (FEC) has resolved that Value-Added Tax (VAT) on contracts signed earlier…
4 years ago
P/Harcourt Disco begins 7.5% VAT Feb. 1
Electricity consumers in Akwa Ibom, Bayelsa, Cross River, and Rivers states will begin to pay…
4 years ago
Finance Act 2019: 20 Basic Food Items on VAT Exemption List
*New Law also promotes fiscal equity & supports MSMES In a bid to ensure that…
4 years ago
Implementation of 7.5 % VAT rate begins Feb. 1– Minister
Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning says the implementation…
4 years ago
Experts worried over 7.5% VAT estimates in 2020 budget
Some economic experts have expressed concern over the Federal Government’s decision to base the estimated…
4 years ago
Falana: What FG should do before implementing increase in VAT rate
Human Rights Lawyer, Femi Falana, has called on the Federal Government to propose a Money…
4 years ago
CBN backs FG’s plan to increase VAT
Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), says the plan to…
4 years ago
PDP cautions FG against increasing VAT
The Peoples Democratic Party (PDP) has advised the Federal Government to reverse its decision to increase…
4 years ago
FIRS to begin VAT charge on online transactions Jan. 2020 – Fowler
The Federal Inland Revenue Service (FIRS) says it will begin to impose Value Added Tax…
4 years ago