VAT revenue increases by 26% to N1.2trn in Q4 2023
The federal government in the fourth quarter of 2023 generated a total of N1.20 trillion from Value Added Tax. This...
- Sunday, May 12, 2024
BusinessDay
The federal government in the fourth quarter of 2023 generated a total of N1.20 trillion from Value Added Tax. This...
The monthly allocation disbursed to the three tiers of government dropped to N1.127 trillion in January 2024, from N1.783 trillion...
By: Agbada .S. Agbada In Weatherford v. FIRS, the Tax Appeal Tribunal (“TAT”) held that interest and penalty only...
Despite a low VAT rate of 7.5%, and year-on-year amendments VATA is unable to capture the evolution in the operations and...
Edo State Government said the sum of N1.3 billion is currently being disbursed to all the traditional rulers in the...
The Federal Government has been advised to focus on the taxation of consumption rather than production in order to enable...
The Federation Account Allocation Committee (FAAC) has shared a total of N680.783 billion being May 2022 revenue to the federal,...
Data from the National Bureau of Statistics (NBS) show that value-added tax (VAT) generated in the first quarter of this...
Nigeria generated a total of N588.59 billion from Value Added Tax (VAT) in the first three months of this year,...
The revenue generated by the Federal Inland Revenue Service has been growing slower than the expenditure of the Federal Government...
