After 26 years, the Federal Government has made the proposal to increase the rate of Value Added Tax (VAT) from five per cent to seven point five per cent with effect from 2020. Here is what you need ...
What Is Value Added Tax (VAT)? Your email has been sent Value Added Tax is a consumption tax that is levied on the sale of goods and services. Learn more about what VAT is and how it works in this ...
The financial landscape underwent a series of changes in this digital age, which eventually reflected on fiscal policies. Taxation policies like VAT (Value Added Tax) play a crucial role in a ...
President Donald Trump is planning to unveil reciprocal tariffs on Wednesday to retaliate against trade practices his administration deems unfair or discriminatory. Among the grievances is the ...
According to the notice, the development is tied to a directive from tax authorities mandating financial institutions to begin VAT collection and remittance. Nigerians will begin paying a 7.5 per cent ...
The Business & Financial Times on MSN
Dissecting the Value Added Tax Act, 2025 (Act 1151): Why it matters to every taxpayer
By Ibrahim Asare Tax laws shape how governments raise revenue and how citizens and businesses interact with the state. In ...
For the past 27 years, Value Added Tax (VAT) has been a core part of Ghana’s tax system, playing a key role in how governments raise revenue and how businesses operate.
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