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VALUE ADDED TAX

news and analysis about Value Added Tax

The Federal Inland Revenue Service (FIRS) has announced it will increase the Value Added Tax (VAT) by between 35 and 50 per cent in 2019. This move comes a day after Nigerian legislature approved the N30, 000 minimum wage.
The Order is intended to provide the legal basis for a single point of VAT collection in the electricity value chain
Ever hear people use words relating to the stock market in a conversation or in the news?
FIRS has made it clear to businesses in Nigeria that it is serious about tackling tax evasion.
Let's explain this once and for all.
Nigeria's Value Added Tax (VAT) has been increasing consecutively since the first quarter of 2016.
Taxes are statutory obligations of every citizen and businesses in a country. It is thus a major factor...
In the last two years and within 7 months apart, two divisions of the Tax Appeal Tribunal (TAT),...
Summary of the top business, economic and political news in Nigeria today.   The Federal Inland Revenue Service...
In this article I am going to take you through a practical way of obtaining a tax clearance...
Nairametrics| It is trite that around the world, entertainers and sportsmen are some of the highest paid individuals....
Will Nigerians take that lightly?