In a statement made available to newsmen on Thursday, NRS said VAT has always applied to banking services and is not newly introduced under the new tax law, the Nigeria Tax Act
The post VAT is on charges collected by banks on customers’ transactions NRS appeared first on Premium Times Nigeria.
Saturday 7 February 2026
premiumtimesng - 23 days ago
VAT is on charges collected by banks on customers’ transactions – NRS
Alawuba advocates security, bankable projects, infrastructure development to promote South-East vision
- premiumtimesngSPECIAL REPORT: Oil spills from abandoned wells ravage Ogoniland amidst plans to resume production
- premiumtimesngTinubu, São Tomé and Príncipe president, other political leaders attend Matawale’s children’s wedding (PHOTOS)
- premiumtimesngFCT Poll: INEC tasks security agencies on planning, deployment, intelligence gathering
- premiumtimesngResident doctors caution against misinformation on snakebite treatment after Ifunanya’s death
- premiumtimesngCourts cannot release banditry suspects outside established legal procedures – Katsina Chief Judge
- premiumtimesngEXCLUSIVE: Nigeria Immigration Service says document Ozekhome gave British court is fake
- premiumtimesngAppeal Court orders CBN, ABU to pay 110 sacked workers N2.5bn judgement proceeds, issues warning
- premiumtimesngA Strategic Divine Honour: President Trump’s glowing tribute to Mrs Oluremi Tinubu strengthens Renewed Hope, By Ijeomah Arodiogbu
- premiumtimesngFriday Sermon: All prominent personalities should give charity and sadaqah during Ramadan, By Murtadha Gusau
- premiumtimesngReps summon FCT Area councils’ officials over alleged N100bn financial irregularities
- premiumtimesng‘Video wasn’t AI, but okay, believe your Senator’ – South African model tells Nigerians
- premiumtimesngAmotekun shooting victim dies while Ondo govt denies him court-ordered N30m compensation
- premiumtimesngElectoral Act Amendment: Reps set up conference committee to harmonise bill with Senate version
- premiumtimesngPolice report indicts Natasha Akpoti-Uduaghan over murder allegation against Akpabio
- premiumtimesngWoro was not an accident: How neglect turned Borgu into a killing field, By Hussaini Abdu
- premiumtimesngEight Nigerian youngsters earn Spain trip as LALIGA, EA Sports NEXT Gen Draft ends in Lagos
- premiumtimesngEXCLUSIVE: Fresh trouble for Uche Nnaji as ICPC begins probe of ex-minister’s certificate forgery
- premiumtimesngMurtala Muhammed 50th Anniversary Policy Workshop – African leaders urged to resist foreign dictatorship
- premiumtimesngEFCC arraigns former vice chancellor on N19.7million contract kickback, bribery charges
- premiumtimesngElectoral Act: We didn’t reject electronic transmission of results – Opposition senators
- premiumtimesngCourt registrar admits tampering with evidence in Ali Bello’s N10bn fraud trial, judge orders probe
- premiumtimesngGenevieve Nnaji isn’t my our fans fueled our alleged feud for decades – Omotola Jalade-Ekeinde
- premiumtimesng
Demolitions: Coalition, activists condemn Lagos police, lawmakers over crackdown on protesters, journalists
- premiumtimesng
Preparation for 1447/2026 Ramadan and Prophet Muhammad’s (PBUH) sermon on its coming!, By Murtadha Gusau
- premiumtimesng
Imo State @ 50: A golden jubilee of resilience, renewal and divine alignment under Governor Hope Uzodimma, By Ijeomah Arodiogbu
- premiumtimesng
AGN lifts Halima Abubakar’s suspension as actress seeks N25 million lifeline for brain tumour surgery
- premiumtimesng
From Minnesota to the Red Sea: How Somalis became the front line of global politics, By Phillip van Niekerk
- premiumtimesng
Lawyer urges Kano governor to pursue corruption charges against Ganduje despite realignment
- premiumtimesng
EXCLUSIVE: Suspected coup plotters planned to truncate Buhari’s handing over to Tinubu
- premiumtimesng
Terror kingpin ‘captured’ by Nigerian military declares in new video he’s alive and free
- premiumtimesng