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Topic: Govt mulls VAT increase  (Read 413 times)

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Govt mulls VAT increase
« on: March 20, 2019, 07:05:16 am »
Govt mulls VAT increase

NIGERIANS were yesterday told to brace for a possible increase in the Value Added Tax (VAT). VAT, now five per cent, is undergoing review, after which it may attract between 35 and 50 per cent increase, it was learnt. The Executive Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, broke the news yesterday. […]
Source: Govt mulls VAT increase

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