VAT is not your money
Picture this: a customer walks into your fabric shop on Adeniji Adele Road and spends ₦20,000. At 7.5% VAT, they hand you an extra ₦1,500. That ₦1,500 is not a tip, not working capital, and certainly not extra profit — it belongs to the federal government from the moment the customer pays. You are only […] read more VAT is not your money
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