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Budget 2021: FG targets N1.7trn from VAT

Budget 2021: FG targets N1.7trn from VAT

…raises expected stamp duty revenue to N500bn The Federal Government has said it hopes to fund part of its projected N12.6 trillion 2021 budget with an expected N1.7 trillion from Value Added Tax (VAT). This,…

VAT: Need for reverting to old order

The Nigeria Employers’ Consultative Association (NECA) has requested the Federal Government to reverse the current Value Added Tax (VAT) from 7.5 per cent to the former five per cent in order to boost businesses post-COVID-19.…