2.6 C
New York
Tuesday, December 3, 2024

TAG

VAT

House of Representatives to Probe Exorbitant Bank Fees

ABUJA, Nigeria - The House of Representatives has expressed concern over excessive charges and commercial banks' unauthorised deductions, which are violations of existing laws. On...

Next Level: Federal Government Increases Value Added Tax Rate To 7.2%

The Federal Executive Council, FEC, has approved an increase in value added tax, VAT, rate from 5 percent to 7.2% percent Zainab Ahmed, the minister...

How To Achieve Better VAT Management Through Automation

The rules and regulations involved in VAT processing are complex and always changing. With the growth of business comes more complexities due to the...

Senate Approves 3% VAT For North East Development Commission

The Nigerian Senate on Thursday, October 13, 2016 approved allocation of three per cent of Value Added Tax, VAT, accrual to the federal government...

Latest news

- Advertisement -