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Nigeria introduces new simplified VAT regime on B2C digital services from January 1, 2022

Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed has confirmed in a public presentation on the approved 2022 Budget, that the 2021 Finance Act was signed into law by President...Continued

Nigeria VAT measures for coronavirus

The Nigerian Federal Inland Revenue Service has delayed the deadlines on Value Added Tax returns to help businesses during the COVID-19 crisis....Continued

Nigeria VAT rise to 7.5% 1 Feb 2020

Nigeria has confirmed the delayed VAT increase from 5% to 7.5% will go ahead on 1 February 2020. It had been scheduled for 1 January 2020. A VAT threshold is being introduced at the same time for NGN ...Continued