40m Market Traders set to pay Tax as MATAN partners with FIRS
The Federal Inland Revenue Service, FIRS, announced the introduction of Value Added Tax (VAT) Direct Initiative, a scheme that would ...
Tag: Value Added Tax
Pay VAT on Diesel imports, FIRS informs diesel suppliers
...govt should focus on improving local refining capacity - suppliers ...VAT could lead to increase in inflation rate The Federal ...
Nigeria’s VAT increases to N709.59bn in Q1 2023
...manufacturing has highest with 29.65% Nigeria’s Value Added Tax (VAT) recorded a quarter-on-quarter increase of 1.75 percent, rising from N697.38 ...
MTN, Airtel, Others Appointed By FIRS To Withhold, Remit VAT Charged
MTN, Airtel, as well as money deposit banks in Nigeria have been appointed by the Federal Inland Revenue Service (FIRS) ...
Manufacturers Urge FG To Remove 7.5% VAT On Diesel
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to urgently remove the 7.5% Value Added Tax ...
VAT Collections Rise To N563 billion in Q4 2021
The National Bureau of Statistics (NBS) said that the Value Added Tax (VAT) for the 2021 fourth quarter (Q4), rose ...
VAT: FG Snubs States Agitations, Claims N316bn in 2022 Budget
Despite ongoing legal tussle over which tier of government to collect Value Added Tax, the Federal Government has estimated N316.69bn ...
VAT: Lagos Lauds FG’s Decision To Drag States To Court
The Lagos State Government and its Delta State counterpart have applauded the plan by the Federal Government to take the ...
VAT: FG Begins Public Hearing in Lagos
The Federal Government will today begin a public hearing for a new revenue allocation formula as Southwest states converge in ...
VAT: FIRS Forms Coalition With Northern States To Dispute Lagos, Rivers
As all eyes are fixed on the Supreme Court, awaiting its verdict on the Value Added Tax (VAT) dispute between ...
