Experts warn against another VAT increase

Experts have warned the government against increasing value-added tax (VAT) in a desperate move to increase public revenue. The Fiscal Policy and Tax Reform Committee led by Taiwo Oyedele, in its 2024 National Tax Policy (NTP) proposal submitted to the government, proposed among other things, an increase in VAT to generate more revenue.

The post Experts warn against another VAT increase appeared first on The Guardian Nigeria News – Nigeria and World News.

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