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Nairaland Forum / Nairaland / General / Business / Companies With Less Than N10m Turnover Should Be Exempted From VAT — CITN Presid (160 Views)
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Companies With Less Than N10m Turnover Should Be Exempted From VAT — CITN Presid by Innerkonsult123: 5:18pm On Oct 22, 2019 |
The Federal Government recently announced plans to increase Value Added Tax from five per cent to 7.5 per cent. Do you feel this is appropriate? It is appropriate. There is no right time for it. The problem in this country is that we fail to face reality. The VAT Act was promulgated in 1993 and came into effect in 1994. Read more: https://innerkonsult.com/companies-with-less-than-n10m-turnover-should-be-exempted-from-vat-citn-president/ Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com |
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