News

Court Okays FIRS To Collect VAT On Food Deliveries Through Bolt

THE Federal High Court Sitting in Lagos has affirmed the decision of the Tax Appeal Tribunal, which upheld the Federal Inland Revenue Service’s.

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News

Reps Reject Inheritance Tax, Exempt Military Personnel, Retain VAT At 7.5%

THE House of Representatives on Thursday approved significant amendments to the four tax reform bills sent to the National Assembly in October by.

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Column

Stereotypes And The VAT Reality Check – By Jonathan Nda-Isaiah

WHO would have thought that a simple tax report would shatter one of Nigeria’s most enduring prejudices? Yet here we are, staring at.

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News

Governors Okay Tax Reform Bills, Oppose VAT Increase

NIGERIAN governors have thrown their weight behind the Federal Government’s tax reform bills. But they are proposing a new sharing formula for value-added.

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News

FG, Delta, Kano, Oyo, Enugu, 18 Other States Target N2.5trn from VAT In 2025

AMID the ongoing controversy surrounding the proposed tax reform bills by the current administration, the Federal Government and 21 out of the 36.

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News

Customs Announces VAT Removal From Cooking, Compressed Gas

THE Nigeria Customs Service (NCS) yesterday announced the removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG), also called the cooking.

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News

Federal Government Removes VAT For Pharmaceuticals, Medical Devices

THE Federal Government on Wednesday said it has finalised the Executive Order to implement zero Value-Added Tax and excise duties on pharmaceutical products.

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News

FULL LIST: FG Exempts Gas Generators, Dual Fuel Vehicles, 61 Others From VAT

THE Federal Government says 63 items have been exempted from Value-Added Tax (VAT). Taiwo Oyedele, the Chairman of the Presidential Committee on Fiscal.

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News

Relief For Nigerians, Investors As Federal Government 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 the.

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Business

Nigeria Generated N1.49trn From VAT In Six Months – NBS

A NEW data released by the National Bureau of Statistics (NBS) showed that Nigeria generated N1.49 trillion as the aggregate revenue from Value-Added.

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