Many consumers and households have still not realised the full benefits of the Value Added Tax (VAT) reform, which took effect from January 1, 2026, because many businesses have not fully complied ...
This paper examines the efficiency of the Value Added Tax (VAT), focusing on its role as a revenue-raising tool and its use to achieve non-revenue objectives. The analysis highlights the VAT's ...
Nigeria's VAT earnings reached a record N1.08tn in January under a new VAT sharing formula, altering revenue splits for ...
As Nigeria’s new tax reform reshapes VAT policies, here’s what it really means for everyday citizens, entrepreneurs, and the cost of doing business. As of January 1, 2026, the new tax reform laws will ...
The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system started. By Jenny Gross and Keith Bradsher Jenny Gross reported from London, ...
The Nigeria Revenue Service (NRS) has dismissed reports suggesting that Value Added Tax (VAT) was newly introduced on banking ...
The government has partially reduced value-added tax (VAT) on liquefied petroleum (LP) gas, aiming to stabilise prices of the essential fuel used in households and industry while keeping it affordable ...
Marikina 2nd District Rep. Miro Quimbo, chairperson of the committee on ways and means, explained Friday the difference ...
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