Indore: Tax practitioners associations have urged to extend the due date for filing the annual VAT return to June 30, 2024 owing to the delay in uploading the return format form on the official portal ...

A total of 28,000 companies filed their Value Added Tax (VAT) returns to the Federal Inland Revenue Service (FIRS) in July 2023 alone. The Executive Chairman of the FIRS, Mr Muhammad Nami revealed the ...

A reduction of the value-added tax (VAT) on goods and services to 10% from the previous rate of 12% has been proposed in the House of Representatives to ease inflation or the rate of increase on ...