VAT IS NOT YOUR MONEY: Understanding Nigeria's VAT Rules in 2025
Picture this: a customer walks into your shop and spends ₦20,000. At 7.5% VAT, they hand you an extra ₦1,500. That ₦1,500 is not...
VALUE ADDED TAX (VAT) IN NIGERIA
INTRODUCTION
Value Added Tax (VAT) can be defined as an indirect tax that is imposed by the government on the supply of goods and services. It is the final consumer...