VAT

FIRS flags off nationwide tax compliance exercise October 23

The Federal Inland Revenue Service (FIRS) says it will begin a nationwide compliance exercise on value-added tax (VAT) and withholding tax (WHT) on...

Senate President overrules opposition, passes bill raising VAT from 5 per cent to 7.5 per cent

  …it ‘ll further inflict pains on Nigerians — opposition senators   A Finance Bill which raised Value-Added Tax (VAT) from five per...

Rights group tasks National Assembly on Ogoni clean-up process

Wants VAT on Renewable Energy Reduced to 2%   The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN), has urged the National Assembly...

FG increases VAT to 7%

  To seek approval by NASS The Federal Executive Council (FEC), presided over by President Muhammadu Buhari has approved a two per cent...