Breaking: Senate passes Tinubu's tax reform bills, see what Akpabio said

22 hours ago 8
Home Nigeria

Wednesday, May 07, 2025 astatine 6:57 PM by  Ridwan Adeola 1 min work

Legit.ng writer Ridwan Adeola Yusuf has implicit 9 years of acquisition covering nationalist affairs and governance.

FCT, Abuja - The Senate connected Wednesday, May 7, passed 2 retired of 4 large taxation betterment bills projected by President Bola Tinubu.

As reported by The Cable, the precocious chamber, meanwhile, rejected a connection to summation the value-added taxation (VAT) to 10 percent, opting to clasp the existent complaint astatine 7.5 percent.

Premium Times besides noted the update.

The measure allows VAT input claims connected fixed assets, overhead costs, and administrative services.

More to follow...

Source: Legit.ng

Read Entire Article