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NERC MAKES MYTO COST-REFLECTIVE

NERC MAKES MYTO COST-REFLECTIVE

  • September 28, 2020

Introduction Further to the authority given under Section 76 of the EPSR (Electric Power Sector Reform) Act 2005, the Nigerian Electricity Regulatory Commission (NERC or the Commission) established a policy…

DO YOU PAY VAT ON LEASED PROPERTIES?

DO YOU PAY VAT ON LEASED PROPERTIES?

  • September 21, 2020

In Ess-ay Holdings Limited v. FIRS (Federal Inland Revenue Services), the Tax Appeal Tribunal “TAT”  ruled  that under the VAT Act, VAT is paid on the supply of goods and…