Tinubu’s Tax C’ttee Proposes VAT Increase By 2.5% …C0NTINUE READING HERE >>>
The Presidential Fiscal Policy and Tax Reforms Committee, chaired by Taiwo Oyedele, has announced plans to propose a law to the National Assembly that would increase the Value Added Tax (VAT) rate from the current 7.5 per cent to 10 per cent.
Oyedele revealed that the committee was also working on consolidating the multiple taxes in Nigeria to streamline the tax system and ultimately reduce the tax burden on citizens and businesses.
Presidential C’ttee Proposes Tax Removal On Food,…
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