Under the new system, airlines can claim input VAT on assets, consumables and services. If they end up with more VAT credits ...

The full implementation of Nigeria’s Tax Reform Acts ushers in a new era with serious implications for the private and public sectors. This analysis by OLUWAKEMI ABIMBOLA details the operational ...

NIGERIA’S fiscal landscape underwent a seismic shift on June 26, 2025, when President Bola Tinubu signed four landmark Tax Reform Bills into law: the Nigeria Tax Act, Nigeria Tax Administration Act, ...

Senator Francis Escudero on Thursday clarified that his proposal to exempt electricity sales from the 12% value-added tax (VAT) is a targeted ...

SEN. Francis Escudero is seeking to exempt electricity sales from the 12-percent value-added tax (VAT), arguing that the proposal would provide immediate relief to households and businesses while ...

China on Tuesday released the implementing regulations for its law on value-added tax (VAT), detailing operational tax rules ahead of the law's 2026 rollout, which authorities said will help promote ...

Advisers warn it’s still contractors who’ll carry the can, even if it is a ‘cat and mouse game between HMRC and promoters.’ ...

Fall From £1,758 To £1,620 Forecast As Costs Shift To Tax Bills  Cornwall Insight, the energy market analyst, is predicting the energy p ...

This explains when ITC becomes ineligible under Section 17(5)(h) due to expiry or destruction of goods. The key takeaway is that ITC reversal is mandatory and ...

USC is targeting former TCU coach Gary Patterson to be the school's next defensive coordinator, sources told ESPN's Pete Thamel on Wednesday. Patterson would replace D'Anton Lynn, who left the Trojans ...

VAT, EMTL Generated Over N8tn Revenue In 11 Months Nigeria’s ongoing economic reforms are increasingly reflected in its non-oil revenue performance, with Value Added Tax (VAT) and the Electronic Money ...

New year, new laws, the changes impacting your next grocery run. Developing more housing by transit hubs, how soon we could see crews break ground, more transparency on the price of cars, and new ...