The Punch on MSN12d
Tax bills: N’Assembly urged to exclude VATThe National Assembly has been urged to exclude the Value Added Tax rate from the proposed tax laws to allow easier ...
The VAT zero-rating of basic foodstuffs is aimed at alleviating the regressivity of the tax to ensure that poor people do not ...
Increment in VAT: Value Added Tax (VAT) will increase from 7.5% to 10% by 2025, 12.5% from 2026 to 2029, and 15% from 2030 onwards ... Revenue Sharing Formula: A new revenue sharing formula ...
With South Africa's Budget 2025 on the horizon, the government's proposed VAT increase raises alarm bells amid a struggling ...
Financial consultancy PwC has laid out three ways South Africa can stave off its 22 cents disaster—but the quickest and ...
President Donald Trump has announced that on April 2 he will impose tariffs on countries engaged in “non-reciprocal” trade ...
The House of Representatives has passed four major tax reform bills, revising VAT distribution and maintaining the current ...
Hosted on MSN20d
At last, Lawmakers okay Tax Reform Bills, modify VAT sectionsThe lawmakers also altered the VAT distribution formula for ... The section initially proposed a sharing formula that gives the federal government 15%, state government and FCT 50%, and local ...
Weekly Trust on MSN19d
VAT remains 7.5% as reps adopt tax reform billsVAT distribution formula and 7.5% rates Key among the clauses ... the current 7.5% as opposed to proposed staggered increase to 15% by 2030. Ecclesiastical institutions expunged A controversial ...
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