Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users - Phones

Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users - Phones - Nairaland

Nairaland Forum › Science/Technology › Phones › Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users (19139 Views)

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Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by etokhana(op): 6:53pm On Dec 13, 2021

Zoom Video Communications, Inc. (Zoom) says it will begin to charge 7.5 percent value-added tax (VAT) on customers in Nigeria from January 1, 2022.

Zoom said this in a statement issued on Monday.

Last week, TheCable had reported that Nigerians will pay the same amount on Facebook ads from January 1.

The company said the additional charge is due to the new VAT policy in Nigeria.

“For customers with a sold to address in Nigeria, Zoom will begin applying VAT to invoices and remitting the VAT collected through Zoom’s VAT registration in Nigeria in accordance with the new rules relating to Value Added Tax for Non-Resident Suppliers of Electronically Supplied Services,” the statement reads.

“Zoom is routinely evaluating its indirect tax collection and remittance obligations. The application of these taxes to businesses with online activities is a complex and evolving area.

“This applies if you are registered for VAT in Nigeria and if you are not registered for VAT in Nigeria.

“Zoom continues to review such developments, as well as the nature and extent of its activities in different jurisdictions, and, based on such regular review, will start charging indirect taxes where applicable.”

In carrying out this action, Zoom said customers who are registered for VAT in Nigeria are advised to provide their valid Taxpayer Identification Numbers (TINs).

“To provide your TIN, please complete the following steps:

Sign in to the Zoom Portal.

“In the navigation panel, click Account Management, then Billing.

Click the Billing Information tab.

“Under Sold to Contact, choose to edit the TIN (which appears after the Sold to Contact Address field).

“Enter your TIN and click save.

“You are required to notify us if there is a change in your VAT registration status.”

The company said it will only be collecting VAT for invoices generated on or after January 1, 2022.

“Invoices prior to this date will not be impacted,” it added.

https://www.thecable.ng/like-facebook-zoom-to-start-charging-7-5-vat-from-nigerian-users/amp

2 Likes 1 Share

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by MidaserveNG: 7:02pm On Dec 13, 2021*

Generation Y don see pepper

They've modified the earphone from cable to bluetooth,
They've made bitcoin become the year 2020 gold
They're here with genetically modified version of the fruits on your table
Covid-19 took away many of their loved ones but them no give up in the love, care n strength blessed on them by their maker

8 Likes 2 Shares

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Biodun556(m): 7:03pm On Dec 13, 2021

Good!

6 Likes

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Akwaibomdude(m): 7:33pm On Dec 13, 2021

This is getting serious

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by KillIgbohoN0W: 7:33pm On Dec 13, 2021

Google Meet is free.

147 Likes 9 Shares

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Poopypants: 7:33pm On Dec 13, 2021

Thank buhari for all this mess

52 Likes 1 Share

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by dyze(m): 7:33pm On Dec 13, 2021

40mins don do me or I use Google meet

39 Likes

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Boss13: 7:33pm On Dec 13, 2021

I thought zoom was free

9 Likes

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by ObaOfEsan: 7:33pm On Dec 13, 2021

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Jidemoo: 7:33pm On Dec 13, 2021

If it's possible for this wicked government to start charging for the air we breathe....they will do that without thinking twice

78 Likes 1 Share

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Jflex07(m): 7:33pm On Dec 13, 2021

Biodun556:
Good!

Because it is your god buhari,it is now good... Nothing buhari does that is bad just because you suck his hairy balls 24/7. Thunder scatter all buhari supporters...Amen.

55 Likes 6 Shares

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Nobody: 7:34pm On Dec 13, 2021

2022! The year of paying bills and bills and bills. It promises to be an interesting one.

12 Likes 1 Share

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Tunex252(m): 7:34pm On Dec 13, 2021

Buhari is a clown

13 Likes

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by funshow21: 7:34pm On Dec 13, 2021

TIN koh Tinder ni..
unfortunately na those wey dy south e go affect...my other fellas who operate cowtocurrency don't pay tax.

8 Likes

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by money121(m): 7:34pm On Dec 13, 2021

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Equity15(m): 7:34pm On Dec 13, 2021

Na wa oh...tax everywhere

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Sam3445: 7:34pm On Dec 13, 2021*

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Chuukwudi(m): 7:34pm On Dec 13, 2021

Otelle!!!

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Trojan8(m): 7:34pm On Dec 13, 2021

Teams way

1 Like

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by gazza07(m): 7:35pm On Dec 13, 2021

We in the north is happy with all these increase and taxes on things that use to be free. South are the most users of internet. The north is happy

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by ignis: 7:35pm On Dec 13, 2021

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by ZombiePUNISHER: 7:35pm On Dec 13, 2021

Sai Barber

sai Yoruba Muslims

2 Likes 1 Share

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by ogododo: 7:35pm On Dec 13, 2021

etokhana:
https://www.thecable.ng/like-facebook-zoom-to-start-charging-7-5-vat-from-nigerian-users/amp

Buhu just like to destroy the youth income

1 Like

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by dallyemmy: 7:35pm On Dec 13, 2021

Finally the change they promised has arrived..

1 Like 1 Share

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Stephenmoka4(m): 7:36pm On Dec 13, 2021

For those that uses zoom sha... Meanwhile make Nairaland no charge us oo

6 Likes

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Crystalom3(m): 7:36pm On Dec 13, 2021

Una never chichomtin

1 Like 1 Share

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by Akposb(m): 7:36pm On Dec 13, 2021

More taxes to fund budgets that are filled with fake projects and overly expensive plans. It is really bad and something will soon snap and the people will pour into the street.

9 Likes

Re: Like Facebook, Zoom To Start Charging 7.5% VAT From Nigerian Users by samwash(m): 7:36pm On Dec 13, 2021

Abeg were zoom office dey for Nigeria?
He get why I dey ask

6 Likes 1 Share

1 2 3 4 Reply

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