Tag Archives: short things about new VAT rate

January, 2020

• 14 January

  7.5 %VAT kicks off date postponed ?…16 short, short things about new VAT rate

  

  The new Value added Tax (VAT) rate of 7.5 per cent will not take effect until the new Finance Bill is gazetted by the Federal Government. President.Chartered Institute of Taxation of Nigeria (CITN), Dame Olajumoke Simplice, has said. Gazetting of the Bill is what gives it the power of implementation. The Bill had stipulated that the implementation date will be ...

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