Tag: Value Added Tax (VAT)
5% VAT on online purchases: mixed reactions trail plan
Mixed reactions have trailed the proposed plan by the Federal Government to slam a five per cent Value Added Tax (VAT) on goods bought online. Experts told the News Agency of Nigeria (NAN) on Friday ...
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FIRS to impose VAT on online transactions
The Federal Inland Revenue Service (FIRS) says it will soon begin collection of Value Added Tax (VAT) on online transactions. The Chairman of the agency, Mr Babatunde Fowler, made the disclosure in an interview with ...
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Nigeria generates N298bn from VAT in Q4, 2018
The National Bureau of Statistics (NBS), said Nigeria generated N298.01 billion from Value Added Tax (VAT) in fourth quarter, 2018. NBS said this in a Sectoral Distribution of VAT report for the fourth quarter, 2018 ...
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