Nigeria’s Manufacturing, ICT, Mining sectors lead industries with highest VAT remittances in H1 2022
VAT revenue in the first half of the year increased by 11.7% to N1.19 trillion from N1.06 trillion generated in ...
Tag: VAT
news and stories about VAT
Nigeria records N600.15 billion from VAT in Q2 2022
Nigeria records a total of N600.15 billion from Value Added Tax (VAT) in Q2 2022, indicative of a 17.16% on ...
VAT collections up in Q1 2022
The total VAT collected in Q1 2022 was N588.6bn, an improvement of 18.6% y/y and 4.4% q/q compared to N496.3bn ...
Nigeria’s VAT revenue rises to N588.6 billion in Q1 2022
The manufacturing, information and communication, and mining sectors led the list of sectors with highest VAT remittances in the first ...
Attorneys General of 36 states meet over $418 million Paris Club Refunds, VAT, others
The Attorneys General of the 36 states of the Federation are scheduled to meet on Wednesday in Lagos to discuss ...
VAT collections up in 2021
The government enjoyed the best of both worlds as the economic recovery spurred growth in both VAT and CIT collections.
Nigeria records highest VAT revenue of N2.07 trillion in 2021
Nigeria generated its highest-ever valued added tax collection of N2.07 trillion in 2021, improving by 35.4% year-on-year.
Senate votes against putting VAT on exclusive legislative list
The Nigerian Senate voted against adding the Value Added Taxes into the Exclusive Legislative List.
Google to charge Nigerian users 7.5% VAT from April 2022
Google has informed its Nigerian users that the company would charge 7.5% VAT on all taxable goods and services, effective ...
2021: The legal battles that defined the year
No doubt, 2021 has been an eventful year in the Nigerian Judicial space. Some major events got the internet buzzing. ...
