New VAT Changes in Nigeria: Key Insights from the 2024 VAT Modification Order
The Federal Government of Nigeria has recently issued the “Value Added Tax (Modification) Orde...
FIRS’ Information Circular on Simplified VAT Compliance Regime for Non-Resident Suppliers
Pursuant to the provisions of section 10 of the Value Added Tax (VAT) Act (as amended), which bother...
FIRS To Carry Out Nationwide VAT and WHT Compliance Monitoring Exercise
In its Public Notice of 1 June 2022 (view here), the Federal Inland Revenue Service (FIRS), has anno...
Nigeria Issues VAT (Modification) Order, 2021 – to Modify the List of VAT Exempt Items
Effective 30 July 2021, a new Value Added Tax (VAT) Modification Order (2021) has been issued by Nig...
15 Ways Nigerian Businesses can be Impacted, if State Governments Win the Case for VAT collection.
As the case for constitutionality of Value Added Tax (VAT) and the appropriate authority for its col...
Value Added Tax Training – For Service Business
The first in Vi-M Professional Solution’s line up of online Training Courses scheduled for th...
New VAT Filing Forms
The Federal Inland Revenue Service (FIRS) has released new Value Added Tax (VAT) filing forms 002 &#...
FIRS Issues Public Notice to Overturn Certain Provisions of the Ministerial VAT (Modification) Order 2020.
On Wednesday, 24 June 2020, the Federal Inland Revenue Service (FIRS), issued Public Notices in the ...
The VATrac (An Automated VAT Filing and Collection Platform) by the FIRS
Earlier in the year, the Federal Inland Revenue Service (FIRS) issued a Public Notice to announce th...
The New Value Added Tax (VAT) Modification Order, 2020
Nigeria’s Minister for Finance, Budget and National Planning has recently issued a Value Added...