H1’24: Digital Financial Expansion Boosts VAT By 60% To N148.18bn - New Telegraph

H1’24: Digital Financial Expansion Boosts VAT By 60% To N148.18bn - New Telegraph

Banks, insurance companies and other financial institutions in the country collected the total sum of N148.18 billion as Value Added Tax (VAT) in the first six months of the year, findings by New Telegraph show. The amount is 59.90 per cent or N55.51 billion higher than the N92.67 billion that the sector collected as VAT... The post H1’24: Digital Financial Expansion Boosts VAT By 60% To N148.18bn first appeared on New Telegraph. The post H1’24:…