VAT is an acronym for Value Added Tax, and it’s a tax that the government has set against goods and services to pay for various public services. The standard VAT rate in the UK is 20%, and around half ...
The Presidential Fiscal Policy and Tax Reforms Committee and the Revenue Mobilisation Allocation and Fiscal Commission are locked in a dispute over the constitutional rights to administer and allocate ...
The National Assembly has been urged to exclude the Value Added Tax rate from the proposed tax laws to allow easier amendments in the future. The Nigerian tax bill, titled, ‘An Act to Repeal Certain ...
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