COVID-19: FIRS grants concessions to taxpayers, outlines other measures
The FIRS, in its response to the impact of COVID-19 in its operations, has launched business continuity plan and measures ...
Tag: Value Added Tax (VAT)
FG records N1.14 trillion budget deficit in three months
The Federal Government (FG) ran a deficit budget of N1.14 trillion in Q4 2019 compared to the N479.62 billion recorded ...
Firms with N25m turnover and above to pay new VAT rate – DG, Budget Office
Ben Akabueze, DG of federal budget office has said the proposed 7.5% VAT by FG will apply to businesses recording ...
Famfa oil boss, Folorunso Alakija reacts to VAT increment
Folorunso Alaki has faulted FG's plan to increase VAT from its current 5% to 7.5%, saying the move is a ...
