VAT

FG Orders Banks, Fintechs to Begin 7.5% VAT on Electronic Banking Services from Jan 19

FG Orders Banks, Fintechs to Begin 7.5% VAT on Electronic Banking Services from Jan 19 The Federal Government under President…

3 months ago

As Tinubu signs tax reform bills, VAT remains 7.5%, CIT 30%

As Tinubu signs tax reform bills, VAT remains 7.5%, CIT 30% President Bola Ahmed Tinubu on Thursday signed the four tax reform…

9 months ago

Drug prices may drop as FG implements zero VAT, duties

Drug prices may drop as FG implements zero VAT, duties Experts say prices of drugs are likely to drop following the…

1 year ago

Just in: Governors reject VAT increase, back passing of Tax Reform Bills

Just in: Governors reject VAT increase, back passing of Tax Reform Bills   The Nigeria Governors’ Forum (NGF) has rejected the…

1 year ago

Reform Bills propose 55 per cent VAT revenue for states

Reform Bills propose 55 per cent VAT revenue for states More insights into the Tax Reform Bills under consideration by the National…

1 year ago

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 year 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…

2 years 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 years 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 years 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 years ago