News Update You are NOT paying 7.5% VAT on the money you transfer. The VAT is charged only on the bank or USSD service fee, not on the transfer amount itself. What this really...
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Nigeria to collect 7.5% VAT on cryptocurrency transactions fees for users
Voice Air Media, News Update Nigeria government is to receive a 7.5 percent Value Added Tax on Cryptocurrency transactions from users registered in the country from July 8, 2024. A popular cryptocurrency platform, KuCoin...
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Nigerians to pay 7.5% VAT on Facebook ads from January
Social media giant, Facebook has said Nigerians will from January 1st 2022 pay 7.5 percent value-added tax (VAT) on all ad placements. The company which announced this in a statement issued on Thursday, said...
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