VAT Hike Yields N25tn Revenue In Six Years

WIRE — …Revenue Jumps 722% After Rate Rose From 5% To 7.5% …Inflation, Digital Economy, Tax Reforms Boost Collections The increase in Nigeria's Value Added Tax from five per cent to 7.5 per cent in 2020 has led to a quantum leap in earnings from the consumption tax from N3.05tn to N25.07tn in equal six comparable years.... This article VAT Hike Yields N25tn Revenue In Six Years was originally created by Converseer.

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