FIRS should continue to collect, redistribute VAT to states -Umahi funsho williams Sep 15, 2021 EBONYI State Governor David Umahi has said that the Federal Inland Revenue Service (FIRS) should keep collecting value added tax…
It’s Official! Sanwo-Olu signs into law bill empowering Lagos Govt to… Oluwadamilare Emmanuel Sep 10, 2021 Lagos State Governor, Babajide Sanwo-Olu, has signed into law a bill empowering the state government to collect Value Added Tax…
News VAT Controversy: Appeal Court orders all parties to maintain status quo Oluwadamilare Emmanuel Sep 10, 2021 The Appeal Court sitting in Abuja has ordered all parties to maintain status quo and refrain from taking action that would give…
Lagos Assembly Passes VAT, Anti-Open Grazing Bills Oluwadamilare Emmanuel Sep 9, 2021 The Lagos State House of Assembly has passed the Value Added Tax (VAT) bill, along with a bill that prohibits the open grazing of…
Business FIRS appeals court judgement restraining it from collecting VAT in Rivers Oluwadamilare Emmanuel Sep 9, 2021 The Federal Inland Revenue Service (FIRS) on Wednesday said it has appealed the judgement of the Federal High Court in Rivers…
Anti-Open Grazing, VAT Bills Scale Second Reading At Lagos Assembly Oluwadamilare Emmanuel Sep 6, 2021 Members of the Lagos State House of Assembly on Monday committed an anti-open grazing bill to the Committee on Agriculture after…
VAT increases by N41.7bn in Q1 2020 – NBS Oluwadamilare Emmanuel May 8, 2021 Value Added Tax (VAT) increased by N41.7 billion to N496.39 billion in Quarter One of 2021 as against N454.69 billion generated…
COVID-19: NECA tells FG to reduce VAT to 5% Oluwadamilare Emmanuel Jun 29, 2020 The Nigeria Employers’ Consultative Association (NECA) has urged the Federal Government to reverse the current Value Added Tax…
Nigeria Generates N275.12bn from VAT in Q3 Oluwadamilare Emmanuel Dec 5, 2019 The National Bureau of Statistics (NBS) has disclosed that a sum of N275.12 billion was generated as Value Added Tax (VAT) in the!-->…
FG allays fears, says proposed 7.5% VAT not targeted at poor Nigerians Oluwadamilare Emmanuel Oct 9, 2019 Nigerians have been informed by the federal government that the proposed hike of the Value Added Tax (VAT) next year will not!-->…