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Nairaland Forum / Nairaland / General / Politics / What Does Consumption Tax Mean (picture) (435 Views)
What Is The Difference Between Consumption Tax And VAT / Imo State Enacts Law On Consumption Tax / Alcohol Consumption In Nigeria Per Geopolitical Zone - NBS (2) (3) (4)
What Does Consumption Tax Mean (picture) by Yourprick: 5:09pm On Nov 05, 2023 |
What's the difference between vat and consumption tax
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Re: What Does Consumption Tax Mean (picture) by Artiiclebeast: 5:20pm On Nov 05, 2023 |
Scammers unlimited. Thanks for this tip. I'll keep an eye out for any scams like this. |
Re: What Does Consumption Tax Mean (picture) by Tojan: 5:26pm On Nov 05, 2023 |
Re: What Does Consumption Tax Mean (picture) by aieromon(m): 5:26pm On Nov 05, 2023 |
Yourprick: The Lagos State Internal Revenue Service has urged business owners including, restaurants, hotels, and event centers in the state on the need to comply with the monthly collection of a five per cent consumption tax on all consumables and personal services. https://punchng.com/lirs-seeks-consumption-tax-compliance-from-business-owners/ 1 Like
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Re: What Does Consumption Tax Mean (picture) by bjtinz: 5:29pm On Nov 05, 2023 |
Na wa o. 27k for afang?? 1 Like |
Re: What Does Consumption Tax Mean (picture) by Martinsmine(m): 9:38pm On Nov 05, 2023 |
Lagos na stupid state |
Re: What Does Consumption Tax Mean (picture) by seunmsg(m): 9:40pm On Nov 05, 2023 |
I think it’s a tax peculiar to Lagos state. It’s a sales tax that is applicable to the hospitality industry i think. Not too sure though. 4 Likes |
Re: What Does Consumption Tax Mean (picture) by aieromon(m): 9:51pm On Nov 05, 2023 |
seunmsg: The tax is peculiar to the hospitality business in virtually all of the states. Oyo https://www.premiumtimesng.com/news/535351-hoteliers-in-oyo-state-kick-against-consumption-tax.html Kano https://dailytrust.com/furore-over-kano-5-consumption-tax/ Ondo https://www.thecable.ng/ondo-to-residents-we-are-collecting-consumption-tax-not-vat/amp Imo https://tribuneonlineng.com/imo-irs-tasks-hospitality-businesses-to-include-5-consumption-tax-in-billing-system/ Ogun https://punchng.com/ogun-to-begin-audit-of-consumption-tax/ Rivers https://dailypost.ng/2016/06/29/improving-igr-rivers-state-assembly-passes-three-bills-into-law/ Edo https://www.vanguardngr.com/2011/11/edo-govt-threatens-hoteliers-over-tax-law/amp/ 1 Like |
Re: What Does Consumption Tax Mean (picture) by seunmsg(m): 9:54pm On Nov 05, 2023 |
aieromon: Alright. Good to see that it’s not peculiar to Lagos alone. 4 Likes |
Re: What Does Consumption Tax Mean (picture) by tsdarkside(m): 10:04pm On Nov 05, 2023 |
you nigerians go cry tire.... no matter who is president,nothing will change.... |
Re: What Does Consumption Tax Mean (picture) by Bobloco: 10:09pm On Nov 05, 2023 |
seunmsg: It's not just peculiar to Lagos state but all states of the federation |
Re: What Does Consumption Tax Mean (picture) by Probz(m): 12:28pm On Nov 10, 2023 |
bjtinz: You know how the saying goes. Igbos cook better than Yorubas but Calabars cook better than Igbos (non-Anambra Igbos anyway). Afang soup is worth every penny. It’s like a spicy blood tonic packed with lots of vitamin C. I’d pay up to 40k for it unquestionably and you do often have to get your wallet out. Ofe Owere, oha, Igbotic egusi, nkwobi, exquisite onugbu and Calabar vegetable soups are often expensive. But they’re worth it. It’s not exactly nonsense ewedu-abula so you have to pay for the quality if you’re eating out. |
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