VAT: FG says it proposed 7.5% raise, not 7.2%
Contrary to the earlier information of a proposed 7.2percent Value Added Tax increment, the Federal Government has clarified that it proposed 7.5% increase.
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VAT: FG says it proposed 7.5% raise, not 7.2% – Daily TrustContrary to earlier information that the federal government proposed 7.2% Value Added Tax (VAT) increase, the FG has clarified it proposed 7.5% increase.
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FG increases VAT to 7.2%, okays N10.07trn 2020 budget proposal – Daily TrustThe Federal Executive Council yesterday approved a proposed increase of Value Added Tax from 5 percent to 7.2 percent. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this to State House correspondents after the FEC meeting presided over by President Muhammadu Buhari.ADVERTISEMENT She, however, said the VAT Act would have to be …
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Why 7.5 percent VAT is necessary, by FG - The Nation NewspaperThe federal government has defended its decision to increase Value Added Tax (VAT) from 5 to 7.5percent.There have been loud cries from...
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VAT increase ‘ll deepen poverty, widen inequality, CSOs caution FG – Daily TrustA group of civil society organisations (CSOs) have urged the Federal Government not to follow through with the plan to increase Value Added Tax (VAT), saying that it will increase poverty and widen inequality. The CSOs were reacting to the recent announcement by the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, that …
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PDP advises FG to reverse decision to increase VAT from 5% to 7.2%Nigeria News - The Peoples Democratic Party (PDP) has advised the Federal Government to reverse its decision to increase the Value Added Tax...
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