Tag: VAT
Governors propose new VAT sharing formula, okay tax bills
The Nigeria Governors’ Forum has reiterated its strong support for the comprehensive reform of Nigeria’s outdated tax laws and approved a revised ...Northern governors not opposed to tax reforms — just VAT distribution, says Abdullahi Sule
Abdullahi Sule, governor of Nasarawa state, says northern governors are only against the removal of value-added tax (VAT) from the federation account ...National assembly considering bill seeking to increase VAT from 7.5% to 10% by 2025
The national assembly is considering a bill proposing an increase in the value-added tax (VAT) from 7.5 percent to 10 percent. VAT ...FG stops VAT on diesel, cooking gas
The Federal Government has announced the provision of new tax reliefs for deep offshore oil and gas production to boost investments in ...Oyedele committee proposes exemption of businesses with N50m annual turnover from VAT
Taiwo Oyedele, chairman of the presidential fiscal policy and tax reforms committee, says the committee has proposed significant tax exemptions for small ...Nigerians kick, FG implements 7.5% VAT on diesel
The Federal Government has confirmed that it had commenced the implementation of the payment of 7.5 per cent Value Added Tax on ...FIRS can collect VAT from Lagos hotel owners – Court
The court of appeal sitting in Lagos has ruled that the Federal Inland Revenue Service can collect value-added tax from Lagos hoteliers. ...
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