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VAT designed to support the poor – Fowler

By Emma Ujah, Abuja Bureau Chief
The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, has said that the Value Added Tax (VAT) was designed to support poor people, and not to create hardship for them.
He was reacting to concerns that the proposed increase in VAT would cause more hardship for the poor, according to a statement from the FIRS, yesterday.
He was quoted as saying, “When you don’t consume certain categories of goods and services, you are not liable to pay VAT charges on those items.
Continue reading VAT designed to support the poor – Fowler at Vanguard News Nigeria. …

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Fowler: Tax defaulters must pay arrears with interests, penalties

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The post Fowler: Tax defaulters must pay arrears with interests, penalties appeared first on The Nation Nigeria. …

Fowler seeks autonomy for state tax agencies

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The post Fowler seeks autonomy for state tax agencies appeared first on The Nation Nigeria. …

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EPL: Salah strong rival to Messi, Ronaldo for Ballon d’Or – Fowler …

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