The Federal Inland Revenue Service (FIRS) issued Information Circular No. 2023/01 providing guidelines on the administrative and compliance obligations of companies charged with the responsibility to withhold value added tax (VAT) at source and/or self-account for VAT on taxable supplies.
Source: KPMG
Latest Posts in "Nigeria"
- Nigeria Sets E-Invoicing Compliance Deadlines: Phased Rollout Begins April 2026 for Large Taxpayers
- NCAA Orders Overland Airways to Refund Passengers Wrongly Charged VAT Before January 2026
- Nigeria Sets E-Invoicing Rollout Dates for Medium and Emerging Taxpayers Through 2028
- Nigeria Expands E-Invoicing System to Medium and Emerging Taxpayers with Phased Rollout Timelines
- Nigeria Sets Timeline for E-Invoicing and Electronic Fiscal System Rollout by Taxpayer Category
