VAT

FG okays zero VAT, duty on pharmaceuticals for gazette

FG okays zero VAT, duty on pharmaceuticals for gazette The Federal Government has announced the completion of an Executive Order to…

1 month ago

FG exempts VAT payment on diesel, gas, electric vehicles

FG exempts VAT payment on diesel, gas, electric vehicles Determined to arrest the spate of divestments in the nation’s oil and gas…

1 month ago

Suspend VAT, other policies impoverishing Nigerians – SMEs tell FG

Suspend VAT, other policies impoverishing Nigerians – SMEs tell FG The National Association of Small and Medium Scale Enterprises (NASME)…

2 months ago

We have not increased Value Added Tax to 10% – FG

We have not increased Value Added Tax to 10% - FG  The Federal Government has not increased the value-added tax…

2 months ago

Proposed VAT increase to 10%, punitive, insensitive, says Atiku

Proposed VAT increase to 10%, punitive, insensitive, says Atiku   Former Vice-President of Nigeria Atiku Abubakar has condemned plans by…

2 months ago

FG suspends VAT on diesel to avert workers strike

FG suspends VAT on diesel to avert workers strike The Federal Government has suspended the value-added tax (VAT) on diesel…

1 year ago

FG generated N709bn via VAT in Q1 2023 – NBS

FG generated N709bn via VAT in Q1 2023 – NBS The Federal Government generated N709.59bn through Value Added Tax (VAT)…

1 year ago

Nigeria generated N625.39bn from VAT in Q3 – NBS

Nigeria earned N625.39 billion from value-added tax (VAT) in the third quarter of 2022, the National Bureau of Statistics has…

2 years ago

FIRS can collect VAT from Lagos hotels – Court

The court of appeal sitting in Lagos has ruled that the Federal Inland Revenue Service (FIRS) can collect value-added tax…

2 years ago

Nigeria collected N589bn from VAT in first quarter – NBS

Nigeria recorded a growth of 18.58 per cent in its Value Added Tax (VAT) collection of N588.59 billion in the…

2 years ago