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…
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VAT
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…
Nigeria generated N298bn from VAT in Q4, 2018 – NBS
The
National Bureau of Statistics said Nigeria generated N298.01 billion
from Value Added Tax in the fourth quarter, 2018.
…
Mixed reactions trail FG’s plan to increase VAT from 5%
The Federal Government on Wednesday hinted that Nigerians will have to cough out more money in order to enjoy some products and…
Why I ordered removal of VAT from domestic air fares – Buhari
President Muhammadu Buhari says the recent decision by the Federal Government to remove Value Added Tax (VAT) from domestic air…
Nigeria generates N254.10bn from VAT in Q4 2017– NBS
The National Bureau of Statistics (NBS) on Thursday declared that the country generated N254.10 billion as Value Added Tax in…