National Assembly Proposes Gradual Increase in VAT to 15% by 2030, Reduction in Corporate Income Tax
VAT Set to Rise from 7.5% to 10% in 2025, with Further Hikes Through 2029 The National Assembly is considering a new bill aimed at increasing Nigeria's Value-Added Tax (VAT) rate from its current 7.5% to 10% by 2025.…