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Nairaland Forum / Nairaland / General / Politics / VAT: FG Rakes In ₦24.8 Billion From Bank Customers (9067 Views)
Vat: FG Will Be The Biggest Winner If States Collect Vat - Tax Partner (PWC) / VAT: FG Says It Proposed 7.5 Percent Increase, Not 7.2 Percent / FG Rakes In N393.7bn From VAT In 4 Months (2) (3) (4)
VAT: FG Rakes In ₦24.8 Billion From Bank Customers by ijustdey: 8:14am On Jan 30, 2021 |
sector’s input rises by 44% The Federal Government realised a total of N24.8 billion as Value Added Tax (VAT) from banks transactions throughout last year, New Telegraph has learnt. According to the sectoral VAT distribution data released by the National Bureau of Statistics (NBS), this showed that VAT generated from the sector increased by 44 per cent from N17.2 billion recorded in 2019. In accordance with Value Added Tax Act (Cap V1 LFN 2004), all banks and financial institutions, except those exempted, are required to charge VAT on services rendered by them to their customers and account for the same to the Federal Inland Revenue Service (FIRS).https://www.newtelegraphng.com/vat-fg-rakes-in-n24-8bn-from-bank-customers/
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Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by Nobody: 8:56am On Jan 30, 2021 |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by Houseofglam7(f): 9:05am On Jan 30, 2021 |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by Brendaniel: 9:05am On Jan 30, 2021 |
Yet we don't see the benefits of our tax, sometimes I actually wonder why we still have a government if at the end of the day the government only ends up making majority of it's citizens poorer year in year out, the purpose of having a government is to improve the lives and security of it's citizens, but in Nigeria the reverse is the case, sometimes I actually feel we should just privatize the government here and only pay for services that they offer 100%, anything short of 100% citizens won't pay.... NamelessOGBENI: I dey tell you bro... 17 Likes 1 Share |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by deleo16(m): 9:05am On Jan 30, 2021 |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by newguy1(m): 9:06am On Jan 30, 2021 |
Tired of making comment on things like this . Naija keep it up n the few making d money on people’s sweats 1 Like |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by AFvckingAlpha(m): 9:06am On Jan 30, 2021 |
The fvck Niggarr!! |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by chidi2pus(m): 9:06am On Jan 30, 2021 |
Una never see anything Those who cannot remember the past are condemned to repeat Just watch as the masses repeat this same mistake in 2023 5 Likes |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by Administration1: 9:06am On Jan 30, 2021 |
What's will the money be used for? 1 Like |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by Akfrenzy(m): 9:06am On Jan 30, 2021 |
YET THEY'RE STILL BORROWING ,EVEN WHEN CUSTOM SAID THEY'RE MAKING 8 BILLION DAILY 1 Like |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by Elslim: 9:07am On Jan 30, 2021 |
Alhamdulillahi |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by Demnosend: 9:07am On Jan 30, 2021 |
Thieves 2 Likes |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by sweetkev(m): 9:07am On Jan 30, 2021 |
APC don kill us. Too many charges from my GTB bank account 3 Likes |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by Enudapan: 9:07am On Jan 30, 2021 |
Nah eh! No qualms And yet we keep borrowing |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by Bossontop(m): 9:07am On Jan 30, 2021 |
Dis goverment go soon kill us of hunger b4 d hunger itself kill us |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by Kondomatic(m): 9:07am On Jan 30, 2021 |
A clean way to steal from the masses |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by potbelly(m): 9:07am On Jan 30, 2021 |
Milking the masses to enrich themselves... It is well... 1 Like |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by Promoter2: 9:07am On Jan 30, 2021 |
Too bad those are the top will share the money and use it for personal purposes. Too bad 1 Like |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by wellsaid2: 9:08am On Jan 30, 2021 |
Cash Out 2 Likes |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by Copartula: 9:09am On Jan 30, 2021 |
FG still milking poor masses. O mase o 2 Likes |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by yungrylex00(m): 9:09am On Jan 30, 2021 |
Yahoo Yahoo FG 1 Like |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by Racoon(m): 9:10am On Jan 30, 2021 |
The banks are ripping the people and the government is also doing it's own yahoo yahoo.Another money to be looted. 2 Likes |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by sweetonugbu: 9:10am On Jan 30, 2021 |
It will be mismanaged and we will still go cap in hand to china for loan to finance the budget 2 Likes |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by SouthSouth1914: 9:10am On Jan 30, 2021 |
The government in connivance with different institutions are ripping Nigerians off. When courts of the lands issue ultimatum regarding lapses or overcharges, these institutions disregard it totally because they are doing these crimes with connection with government officials! Nigeria has become a disgrace to the African continent and the world at large. Please get your facts right before you quote me negatively! 2 Likes |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by 4x7equal28: 9:11am On Jan 30, 2021 |
Rubbish country. I go soon japa 1 Like |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by HenryThegreat1(m): 9:11am On Jan 30, 2021 |
And nothing to show for it. And some people said Nigerians don't pay tax. 1 Like |
Re: VAT: FG Rakes In ₦24.8 Billion From Bank Customers by SeriouslySense(m): 9:12am On Jan 30, 2021 |
Stockholm syndrome, sophisticated morons are some challenges of the Nigerian masses chidi2pus: |
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