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FIRS Warns Against Evasion As 7.5% VAT Begins / Nigerians To Pay 5% VAT On Online, Internet Transactions January 2020 — FIRS / Free Invoicing Software For Nigerian Small Business Owners & Freelancers (2) (3) (4)
by profstar(m): 10:41am On Jan 03, 2020 |
Re: by famouscargo4u: 12:07pm On Jan 03, 2020 |
i invoiced yesterday and received invoices from suppliers as well. All invoices still have 5 % VAT since the federal government has not made it a law. |
Re: by automaniac69: 12:16pm On Jan 03, 2020 |
I envy you guys because in my country the VAT is considerably higher than here. Which means that you are lucky and must use this privilege to make your businesses useful for the society. I can also suggest that you use job management software to pull the maximum out of your business and increase your profits as well as save considerable chunk of time. |
Re: by profstar(m): 2:07pm On Jan 03, 2020 |
famouscargo4u: That is correct tho |
Re: by famouscargo4u: 2:12pm On Jan 03, 2020 |
profstar: Until the federal government pass it, it won't be in effect and it cannot be in arrears. So, for now, it is what it is. |
Re: by profstar(m): 5:56pm On Jan 03, 2020 |
famouscargo4u:Okay o, let's wait and see |
Re: by murchurat(m): 2:10pm On Jan 04, 2020 |
It's not yet a law, until the presido append his signature and it will only took effect on the day it was sign into law. |
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