VAT For Businesses - Explained In 60 Seconds - A UK Business Owners Guide
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VAT For Businesses - Explained In 60 Seconds - A UK Business Owners Guide
Understanding VAT for businesses is essential if you want to avoid falling foul of the regulations surrounding it. Put simply, you have to charge VAT if your annual turnover is above £85,000, but it’s illegal to charge VAT if you’re not VAT registered. The standard rate of VAT is 20% and this must be added to all eligible products and ...
24.7K viewsJan 20, 2022
National Board of Revenue Functions
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The tax reform bill signed into law on June 26, 2025, marks a new chapter for Nigerian employees and businesses. The legislation introduces four new Acts: • The Nigeria Tax Act (NTA) • The Nigeria Tax Administration Act (NTAA) • The Nigeria Revenue Service (Establishment) Act (NRSA) • The Joint Revenue Board (Establishment) Act (JRBA) | National Orientation Agency, Nigeria.
The tax reform bill signed into law on June 26, 2025, marks a new chapter for Nigerian employees and businesses. The legislation introduces four new Acts: • The Nigeria Tax Act (NTA) • The Nigeria Tax Administration Act (NTAA) • The Nigeria Revenue Service (Establishment) Act (NRSA) • The Joint Revenue Board (Establishment) Act (JRBA) | National Orientation Agency, Nigeria.
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