FIRS appeals court judgement restraining it from collecting VAT in Rivers
The Federal Inland Revenue Service (FIRS) on Wednesday said it has appealed the judgement of the Federal High Court in Rivers…
Browsing Tag
VAT
Anti-Open Grazing, VAT Bills Scale Second Reading At Lagos Assembly
Members of the Lagos State House of Assembly on Monday committed an anti-open grazing bill to the Committee on Agriculture after…
VAT increases by N41.7bn in Q1 2020 – NBS
Value Added Tax (VAT) increased by N41.7 billion to N496.39 billion in Quarter One of 2021 as against N454.69 billion generated…
COVID-19: NECA tells FG to reduce VAT to 5%
The Nigeria Employers’ Consultative Association (NECA) has urged the Federal Government to reverse the current Value Added Tax…
Nigeria Generates N275.12bn from VAT in Q3
The National Bureau of Statistics (NBS) has disclosed that a sum of N275.12 billion was generated as Value Added Tax (VAT) in the…
FG allays fears, says proposed 7.5% VAT not targeted at poor Nigerians
Nigerians have been informed by the federal government that the proposed hike of the Value Added Tax (VAT) next year will not…
FG generates N311.94bn from VAT in Q2, 2019 – NBS
The Federal Government has generated N311.94 billion from Value Added Tax (VAT) in the second quarter of 2019, the National…
VAT designed to support the poor – Fowler
The Federal Inland Revenue Service (FIRS) has stated the Value Added Tax (VAT) is a consumption tax primarily designed to support…
Fowler denies recommending 50 per cent increase in VAT
The
Federal Inland Revenue Service (FIRS), has dismissed media reports
quoting its Chairman, Mr. Tunde Fowler, as suggesting an…
Manufacturing sector generates N864b in VAT – NBS
The
manufacturing sector contributed about N864 billion of the N3.63
trillion generated as Value Added Tax (VAT) from 2013…