VAT should not be the only option open to government to fund the payment of the new wage DailyTrust
Nigeria’s employers union has warned the Federal Government not to go ahead with a proposal to increase the Value-Added Tax charged in the country.
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Med-View CEO urges implementation of VAT waiver for airlines – Daily TrustThe Managing Director/CEO of Med-View Airline Plc, Alhaji Muneer Bankole, has called on the Federal Government and its relevant agencies to fast-track the implementation of the exemption granted domestic airlines from payment of Value Added Tax (VAT). Daily Trust reports that the Federal Executive Council (FEC) had issued an executive order nine months ago to …
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Industrialists, experts react to planned VAT hike – Daily TrustIndustrialists and experts have opposed the idea of increase in the rate of Value Added Tax (VAT) in Nigeria. The Federal Inland Revenue Service (FIRS) yesterday said Nigerians should brace up for an increase in VAT by between 35 per cent and 50 per cent from the current 6.75 per cent and 725 per cent.ADVERTISEMENT …
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