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Home News General

‘Confused’ Firms still doubting where to pay VAT

Freelanews by Freelanews
September 22, 2021
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Southern state Governors led by Lagos and River state governors are demanding Value Added Tax [VAT] to be paid directly to the state tax collection authorities instead of the Federal Inland Revenue Services [FIRS].

Despite the Federal High Court having issued an order restraining FIRS from collecting  VAT, FIRS insist it will  collect taxes in anticipation of obtaining a stay of execution in the coming days.

This movement has caused a lot of confusions for some firms as they don’t know where to remit this month’s VAT.

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Freelanews is the editorial byline of Freelanews.com, used for staff reports, news updates, press releases, and collaborative stories produced by the Freelanews Editorial Team.

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