VAT: CSOs kick against FG’s proposed increase

By Gabriel Ewepu – Abuja
Civil Society Organisations, CSOs, under the auspices of The Tax Justice and Governance Platform, TJGP, Nigeria, Friday, kicked against and cautioned the Federal Government over a proposal to increase Value Added Tax, VAT, from 5% to 7.2%.
This was contained in a statement signed by the Communication Director, Action Aid Nigeria, Lola Ayanda, where the CSOs stated that the federal government should pay serious attention to widening the tax net instead of increasing the rate which will only place more burden on the few that complies already and still exempt the majority that does not pay taxes.
Continue reading VAT: CSOs kick against FG’s proposed increase at Vanguard News.

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