“Proposed 0.5% Increase in VAT has Serious Implications for SME’s in SA”
The postponement of the tabling of the 2025/26 budget on 19th February due to fierce disagreement among parties in the Government ...
Tag: VAT
36 Governors Endorse Tax Reforms, Outline Recommendations
Governors of the 36 states of the federation and the Presidential Tax Reform Committee, Thursday, agreed on modalities for sharing ...
FG to Raise VAT on Luxury Goods to 15% – Wale Edun
Mr. Wale Edun, the minister of Finance and Coordinating Minister of the Economy, has confirmed that the federal government would ...
Executive Bill to Raise VAT to 10% Now in NASS
The National Assembly has reportedly received an executive bill proposing to increase the Value-Added Tax from 7.5 percent to 10 ...
States Spent N415bn on Debt Servicing in Five Years
The Federal Government has deducted over N415bn from state government allocations to service their external loans. The data from the ...
FAAC: Federal, State and LGAs Share N1.08trn in November
The Federation Account Allocation Committee (FAAC), disbursed a total sum of N1,088.783 trillion to the three tiers of government as ...
Taxes on Products Surge by 112% to N3tr, Coinciding with VAT Hike
The total taxes on products in the Nigerian economy have increased by 112.02% from N1.43 trillion in 2019 to N3.03 ...
IMF Recommends Raising VAT from 7.5% to 15%
The Article IV Staff mission of the International Monetary Fund (IMF) concluded with a recommendation that the federal government increase ...
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TECH TALK EPISODE 2
PRODUCTIVITY AND WORK-Life Balance
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