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Presidential Tax C’mtee plans to...

Presidential Tax C’mtee plans to increase VAT...

Presidential Tax C’mtee plans to increase VAT from 7.5% to 10%

Presidential Tax C’mtee plans to increase VAT from 7.5% to 10% The Chairman of Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has revealed that the committee is proposing a law to the National Assembly to increase Valued Added Tax from the current 7.5% to 10%. He stated this during an interview on Channels TV’s Politics Today. Oyedele said his committee was working to consolidate multiple taxes in Nigeria to ensure tax reduction, adding that the tax law drafted would be submitted to the National Assembly. He said, “We have significant issues...

Presidential Tax C’mtee...

Presidential Tax C’mtee plans to increase VAT from 7.5% to 10% The Chairman of Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has revealed...
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