Halt Proposed VAT Hike Until Economy Recovers—CNPP Tells Tinubu
By Aduragbemi Omiyale President Bola Tinubu has been advised to put the proposed increase in value-added tax (VAT) on hold ...
ADVERTISEMENT
Tag: VAT
Nigeria Records N.247trn Company Income Tax, N1.56trn VAT in Q2 2024
By Adedapo Adesanya Nigeria’s Company Income Tax (CIT) surged by 150.83 per cent to N2.47 trillion in the second quarter ...
No Plans to Hike Taxes in Nigeria—Oyedele Insists
By Adedapo Adesanya The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, has maintained ...
Companies in Nigeria Pay N3.48trn in VAT, CIT in Six Months
By Adedapo Adesanya Companies operating in Nigeria paid N3.48 trillion in Value Added Tax (VAT) and Company Income Tax (CIT) ...
Finance Minister Advises Next Administration to Raise VAT to 10%
By Adedapo Adesanya The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has urged the incoming administration to ...
Company Income Tax Drops 6.9% as VAT Climbs 11.5%
By Adedapo Adesanya Company Income Tax (CIT) for Q4 2022 in Nigeria depreciated by 6.9 per cent to N753.88 billion ...
Amid Headwinds, Manufacturers Pay N114.37bn VAT in Q3 2022
By Adedapo Adesanya Despite heavy headwinds faced by the manufacturing sector, it contributed the largest share to the country’s Value ...
VAT Should be on Exclusive List—El-Rufai
By Adedapo Adesanya The Governor of Kaduna State, Mr Nasir El-Rufai, has yet again urged the National Assembly to add ...
FIRS Appoints Telcos, Banks as VAT Collectors
By Adedapo Adesanya Top telecommunications companies, MTN Nigeria and Airtel Nigeria, have been appointed as the collector of Value Added ...
States, Councils to Share 85% of VAT in 2020—Fashola
By Adedapo Adesanya Eighty-five percent of the proposed Value Added Tax (VAT) of 7.5 percent in the 2020 national budget will ...
