Browsing: Value Added Tax

The Public Accounts Committee (PAC) of Nigeria’s House of Representatives has instructed Guaranty Trust Bank (GTBank) to calculate and remit the Value Added Tax (VAT) owed…

The VAT removal which was signed by President Muhammadu Buhari had already taken effect from January 1, 2021, which included exemption of commercial airline tickets from VAT, has brought great relief to Nigeria’s airline operators who had previously lamented the negative impact of many VAT charges on their cost of operations.