The Nigeria Revenue Service (NRS) has clarified that the new Tax Act did not introduce any new or additional Value Added Tax ...
For Nigerians, it’s hard to ignore the rumours about an additional 7.5% Value Added Tax (VAT) on banking transactions. It all started with an SMS from Moniepoint to customers on January 14th. “Update: ...
Nigerians express panic over new VAT claims on bank transfers, but NRS clarifies that existing VAT applies only to service ...
Small businesses across the country are benefiting from significant tax relief following the increase in the Value Added Tax ...
A senior lecturer at Hussaini Adamu Polytechnic, Kazaure, Dr. Tijjani Ahmad, has said that Value Added Tax (VAT) in Nigeria mainly affects luxury services ...
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