Fertilizer not being taxed means manufacturers cannot claim VAT tax refunds, even for goods imported as fixed assets required ...

Adds that input tax paid on local purchases attributable to VAT-exempt sales shall be deductible from the gross income of the taxpayer. This settles the issue of whether such input VAT can be used as ...

Renewable Energy is the future. Fiscal incentives are given to promote and encourage the shift to sustainable energy, ...

National Assembly deputies have been debating whether a 5% VAT tax on fertilisers should be reintroduced. Loading fertiliser ...

ViDA minimally impacts non-EU businesses without physical EU operations but brings significant changes for those with cross-border sales or platform activities in the EU.

This week, let's shift our focus away from corporate tax. As we approach the six-month mark of its second year, it has become ...

Removal of a VAT exemption on low-value, imported e-commerce products is being suggested to prevent budget losses and keep ...

Nigeria has consistently ranked as one of the countries with the lowest revenue-to-GDP ratios in the world, which, according ...

Taiwo Oyedele, chairman of the presidential committee on fiscal policy and tax reforms, says workers earning the new minimum ...

For general VAT taxpayers, electronic invoices will serve as VAT deduction vouchers, with the input tax amount determined according to current regulations. A transition period has been established ...

Alex Harries t/a Glam Tanning and Beauty (Harries) wanted her hair, beauty and tanning salon to be the largest in the UK but her aspirations were never ...

The bills are seeking to merge taxes and harmonise revenue administration. The system will leverage technology for ...