Browsing Tag
VAT
2 posts
VAT is still 7.5%, all talk outside the law is nothing but lies, Finance Minister, Edun debunks increase
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has dismissed claims that the rate for Value-Added Tax (VAT) has been upwardly adjusted to 10 per cent from 7.5 per cent.
Despite court order, FIRS insists on collection of VAT
Contrary to recent court ruling, the Federal Inland Revenue Service (FIRS) has insisted that it is still in charge of collection of Value Added Tax (VAT) in the country.