Nigeria Government to Raise VAT to 15%; Finance Minister Confirms
The Nigerian government is set to increase Value Added Tax (VAT) to 15%, but the hike will primarily target luxury ...
Tag: Value-Added Tax (VAT)
Federal Government Proposes Installment Tax Payment Plan, Major Reforms in New Nigeria Tax Bill 2024
The Federal Government has proposed a significant change in how individuals pay their taxes, introducing an option for taxpayers to ...
Nigeria Cuts Drug Prices with Zero VAT on Pharmaceuticals and Medical Devices
The Federal Government of Nigeria has officially implemented a zero Value Added Tax (VAT) on pharmaceutical products and medical devices ...
FG Exempts 63 Items from VAT to Support Key Sector…See Full List of Exempted Items
The Nigerian Federal Government has announced the exemption of 63 items from Value-Added Tax (VAT). This was revealed by Taiwo ...
