The Punch on MSN
Tax law: N5tn VAT windfall for states as new formula begins
Nigeria's new VAT sharing formula begins in 2026, increasing states' share to 55%. This change projects a N5.07tn revenue ...
China will cancel value-added tax export rebates for photovoltaic products from April 1, the finance ministry said in a joint ...
Nigeria’s recent tax reform represents a structural shift in the country’s tax framework. The reform replaces multiple, ...
Nigeria's new VAT formula increases states' share to 55%, shifting N461.27bn to local governments and marking a pivotal ...
Business Daily Africa on MSN
Tribunal backs KRA powers over tax compliance procedures
Small traders have suffered a blow after the Tax Appeals Tribunal ruled it cannot stop the Kenya Revenue Authority from ...
The South African Revenue Service has a close to R500 billion pile of unpaid debt, with VAT being the worst offender.
China will cancel or reduce tax rebates on hundreds of products as Beijing seeks to reassure trade partners concerned about ...
Senator Francis Escudero on Thursday clarified that his proposal to exempt electricity sales from the 12% value-added tax ...
The Amalgamated Union of App-Based Transporters of Nigeria (AUATON) has raised concerns over what it described as double ...
The Ministry of Power, Energy and Mineral Resources has recommended cutting value-added tax (VAT) on liquefied petroleum gas ...
The Punch on MSN
Tax reforms: Why businesses must prioritise payroll, VAT
Nigeria's new tax reforms are here. Learn why businesses must prioritize payroll and VAT compliance to avoid hefty penalties and leverage new benefits.
Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the United States, consumption ...
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