VAT

September 09, (THEWILL) – The Federal Government says the rate for Value-Added Tax (VAT) as contained in relevant tax laws and chargeable on goods and services has not been adjusted to 10% and remains at 7.5%. This is coming amid...

December 31, (THEWILL) - The Federal government has approved a 100% per cent Value Added Tax (VAT) waiver on Feed Gas for all processed, Compressed Natural Gas (CNG) and imported liquified petroleum gas, with immediate effect. The VAT-free waiver also...

August 30 (THEWILL) - Concerns have been raised among businesses and households over the introduction of value-added tax (VAT) by the Nigeria Customs Service (NCS).on imported automobile gas oil (AGO) popularly called diesel. The NCS made this known in a...

March 08, (THEWILL) - The National Bureau of Statistics (NBS) has said aggregate Value Added Tax (VAT) stood at N697.38 billion in Q4 2022. This shows a growth rate of 11.51 per cent on a quarter-on-quarter basis from N625.39...