VAT
What You Need To Know About 7.5% VAT Imposed On Bank Transfers And PoS Transactions
Nigerian banks will from January 19, 2026, begin charging a 7.5% value-added tax (VAT) on certain banking services, including mobile…
Nigerians Reacts As Telecoms Increase Charges For Calls, Data And SMS Over New 7.5% VAT
Telecommunication companies have increased the tariffs for calls, SMS and data services following the implementation of the new 7.5% Value…
Nigerians To Start Paying 7.5% VAT As President Buhari Signs Finance Bill Into law
President Muhammadu Buhari has officially signed the 2020 Finance Bill into law, which seeks to increase the value-added tax (VAT)…
Nigerians To Pay More Tax As Senate Finally Approves Increase Of VAT From 5% To 7.5%
Nigerian Senate has finally approved an increase in the value-added tax (VAT) rate from 5% to 7.5% in a bid…
Outrage Among Nigerians As Federal Government Increases VAT From 5 To 7.2 Percent
The Federal Executive Council (FEC) which President Muhammadu Buhari presided over on Wednesday, approved the increment of value-added tax (VAT)…
Federal Government To Charge Nigerians 5% On Every Online Transaction From Next Year
Federal Government is planning to deduct 5% VAT for every online transaction via bank cards carried out by Nigerians from…
“Don’t Increase Taxes” – Tinubu Issues Strong Warning To Buhari, Osinbajo
The National Leader of the ruling All Progressives Congress (APC), Asiwaju Bola Tinubu, has warned President Muhammadu Buhari-led government not…
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