Simple Guide To Indirect Tax

Indirect taxes are a vital part of buying and selling things. Unlike direct taxes, indirect tax is only paid by the customer ...
Business Daily Africa

Domestic VAT collections jump as KRA tightens screws

Domestic VAT is charged on goods and services supplied within the country by businesses, at a standard rate of 16 percent.
TechRepublic

What Is Value Added Tax (VAT)?

What Is Value Added Tax (VAT)? Your email has been sent Value Added Tax is a consumption tax that is levied on the sale of goods and services. Learn more about what VAT is and how it works in this ...
The Business & Financial Times on MSN

Dissecting the Value Added Tax Act, 2025 (Act 1151): Why it matters to every taxpayer

By Ibrahim Asare Tax laws shape how governments raise revenue and how citizens and businesses interact with the state. In ...
Business Day

Nigeria’s Tax Act does not impose new VAT on banking charges – NRS

The Nigeria Revenue Service (NRS) has clarified that the new Tax Act did not introduce any new or additional Value Added Tax ...
Nairametrics

VAT on banking services not introduced by the new Nigeria Tax Act – NRS clarifies

The Nigeria Revenue Service (NRS) has refuted narratives making round in the media suggesting the imposition of Value Added ...
TheCable

NRS: VAT on bank charges NOT introduced by new tax laws

The Nigeria Revenue Service (NRS) says value-added tax (VAT) on bank services charges was not introduced by the new tax laws under the Nigeria Tax Act (NTA), 2025.