Tag: VAT
N100bn revenue shortfall: FG orders contractors to show TIN before payment
The Federal Government has ordered vendors of Ministries, Departments and Agencies (MDAs) to display their Tax Identification Numbers (TINs) on their invoices before payments...
FG to raise VAT on champagne, other luxury items
The Federal Executive Council (FEC) on Wednesday approved the revised National Tax Policy that will see the Value Added Tax (VAT) on luxury items...
Nigerians to pay VAT for passport – FIRS chairman
Executive Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, on Monday said Nigerians will soon pay Value Added Tax (VAT) before obtaining...