The Federal Inland Revenue Service (FIRS) says it will embark on a nationwide value-added tax (VAT) and withholding tax (WHT) compliance monitoring exercise for all taxable persons from July 1.
Tag "value added tax"
Zainab Ahmed, minister of finance, budget and national planning, says federal government policies on tax exemptions and concessions are among sources of huge revenue leakages. A tax exemption is the
The total value-added tax (VAT) collected on behalf of the federation decreased by N11.75 billion within three months to N500.49 billion in the third quarter of 2021. The National Bureau
Value-added tax is a consumption tax payable when goods are purchased and services are rendered. It is governed by the