Tag: VAT
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VAT Saga: Oyo seeks to join Rivers’ suit against FG
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…asks Appeal Court to grant joinder application The government of Oyo State has asked the Court of Appeal sitting in Port Harcourt, Rivers State, for joinder in the suit instituted…
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Northern Governors, Traditional Rulers Reject Zoning Of Presidency, VAT
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The Northern States Governors’ Forum and traditional rulers from the region rose from their meeting today in Kaduna and rejected zoning of the Presidency in the 2023 elections to the…
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FIRS Writes National Assembly, Seeks Exclusive Power On VAT
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The Federal Inland Revenue Service, in a desperate bid to retain the collection of the Value Added Tax, has written the National Assembly, seeking the inclusion of VAT collection in…
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Rivers Judgment: ‘Continue To Pay Your VAT To FIRS’
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The Federal Inland Revenue Service(FIRS) has told taxpayers in the country to continue to pay their Value Added Tax (VAT) to the FIRS in order to avoid facing penalties for…
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VAT increase: States, LGs to get more allocation from February – AGF
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Ahmed Idris, Accountant-General of the Federation says States and Local Government Councils will receive additional funds from February following the implementation of the 7.5 increase in Value Added Tax, VAT.…
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FG hikes VAT from 5 percent to 7.2 percent
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The Federal Executive Council on Wednesday approved an increase in the Value Added Tax (VAT) payable in Nigeria from the current 5 per cent to 7.2 per cent. Minister of…