The Federal Inland Revenue Service will begin its new Value Added Tax regime for companies by September as the Federal Government doubles its search for revenues. The FIRS said subject to the Finance Act 2023, VAT withheld or collected, VAT on items excluded from building, the new Tertiary Education Tax rate of 3 per cent |
Zainab Ahmed, minister of finance, budget and national planning, says there is a provision for taxation of cryptocurrency and other digital assets in the 2022 finance bill.
NEC Okays Amendment to 2022 Finance Bill – THISDAYLIVE thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
At an extraordinary virtual meeting today, the National Economic Council (NEC) received briefings on the proposed Finance Bill 2022 and resolved to update the draft with additional inputs from State Governors as the bill goes ahead to the Federal Executive Council.