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VAT

Tax and Taxation

Reps adopt controversial tax reform bills, keep VAT at 7.5%

THE Federal House of Representatives has adopted the controversial Tax Reform Bill as a working document. The bill has faced...
Harrison EDEH -
Tax and Taxation

Proposed VAT reform needs clarity to allow for public engagement – Stakeholders

STAKEHOLDERS at the just concluded "Review of proposed VAT Reform" said the Presidential Committee in charge needs to provide...
Harrison EDEH -
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Tax and Taxation

Proposed value-added tax offers 0% on food, health, education – Oyedele

THE chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, said the committee had proposed that...
Ehime ALEX -
Business and Economy

Value added tax collection rises by 99.82% in Q2

THE total value-added tax (VAT) collection for the second quarter (Q2) of 2024 rose to N1.56 trillion from N781.35...
Ehime ALEX -
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Business and Economy

CPPE applauds presidential executive orders on supporting productivity

THE Centre for the Promotion of Private Enterprise has hailed the recent executive order by President Bola Tinubu...
Kehinde OGUNYALE -
Tax and Taxation

Nigeria generated N2.42bn as taxes in Q1 2024 amid companies’ exit concerns

DATA from the National Bureau of Statistics (NBS) has shown that Nigeria generated a total of N2.42 billion from...
Kehinde OGUNYALE -
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