FIRS Insists On VAT Collection, Warns Taxpayers Against Default
The Federal Inland Revenue Service (FIRS) has directed taxpayers in the country to continue to pay their Value Added Tax (VAT) to it or risk penalties for failing to do so.
The FIRS said it decided to...
VAT Collection Still At 0.2%, FG Says
Mrs. Zainab S. Ahmed has said the collection of the value added tax (VAT) is still at a paltry 0.2 percent, well below the African average of 0.33 percent.
The minister disclosed this yesterday at the ongoing economic summit...
