value added tax (vat)

As the Nigerian Government is trying to raise revenue through the increase of Value Added Tax (VAT), the Minister of Finance, Budget and National Planning, Zainab Ahmed has lamented Nigeria’s poor collection rate of VAT, saying it is 0.2%, lower than the African average of 0.33%..... Read...

Some economic experts have expressed concern over the Federal Government’s decision to base the estimated revenue from Value Added Tax (VAT) in 2020 by 7.5 per cent instead of five per cent..... Read more via Daily Post Nigeria – https://ift.tt/2p73Tcw Get More Nigeria Political News

The federal government has approved the increment of the Value-Added tax (VAT) from 5% to 7.2%. Value Added Tax (VAT) is payable on goods and services consumed by any person, whether government agencies, business organisation or individuals. The Minister of Finance, Budget and National...

Akin Alabi, member of the House of Representatives has assured Nigerians that he would fight against the proposed increase on Value Added Tax(VAT). The lawmaker, who is also the owner of Nairabet, an indigenous sports betting company said this in reaction to report that … Read more via...

Domestic airlines has said the recent Value Added Tax (VAT) waiver given to them by the federal government estimated to be about.... Read more via Thisdaylive Newspaper – https://ift.tt/2tz6ryK Get more: Nigeria Business News