Category : Search result: VAT exemption


Seafarers Seek Tax Clarity Ahead of 2026 Regime

Nigerian maritime stakeholders call for tax exemptions and clear guidelines for seafarers before the 2026 tax reform. They warn the new regime could unfairly burden this vital workforce.

FAAC Revenue Falls by N428bn, N1.93trn Shared

FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.

Tesla Sets New Sales Record in Norway

Tesla's sales surge 34.6% in Norway, setting a new annual record, while facing a sharp decline across the EU. Read about the factors driving this Nordic success story.

98% of Nigerian Workers Exempt from Income Tax

Nigeria's new tax reforms will exempt 98% of workers from personal income tax starting January 2026. Learn how SMEs and low-income earners benefit from VAT exemptions and other incentives.

Ghana Scraps Covid Levy, Cuts VAT to Boost Economy

Ghana abolishes its Covid-19 Health Recovery Levy and reduces VAT to stimulate growth, returning GHS 5.7 billion to citizens. A tragic stampede at a military recruitment event in Accra leaves six dead.

FG: Lawyers Must Pay 7.5% VAT at NALT Conference

The Federal Government maintains its stance on VAT compliance for lawyers and law firms, emphasizing revenue generation during the Nigerian Association of Law Teachers gathering.

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