NRS Clarifies VAT on Bank Charges: Transfers Not Taxed
NRS confirms 7.5% VAT applies only to bank service fees, not money transferred; savings, food, and essential services remain exempt.
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Tag: VAT
FG Directs Banks and Fintechs to Remit 7.5% VAT on Electronic Banking Fees
FG orders banks and fintechs to collect 7.5% VAT on mobile transfers, USSD charges, and card fees starting January 19, ...
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