FIRS To Commence VAT, WAT Compliance Exercise From July 1

The Federal Inland Revenue Service (FIRS) said it will embark on a nationwide Value-Added Tax (VAT) and Withholding Tax (WHT) compliance monitoring exercise for all taxable Nigerians from July 1, 2022. This was announced by the Executive Chairman, Muhammad on Thursday via FIRS’ offical Twitter handle. Withholding Tax (WHT) is a method used to collect … Continue reading FIRS To Commence VAT, WAT Compliance Exercise From July 1