Value Added Tax (Amendment) Act 2007

About the Law

This piece of legislation amends the Value Added Tax Act.

Some key provisions include:

  • Certain exempted goods and services are to be taxed at zero rate
  • Provides for the distribution of revenue: Federal – 15%, State – 50%, Local Government – 35%

You can read the full provisions of the Law here – Value Added Tax Amendment Act 2007

Thank you for reading this post, if you have found it useful please share with your network using one of the share buttons below. If you have any suggestions or feedback, please send us an email at


We hope you have found this information helpfulPlease note that this information is provided for general informational purposes only and is not intended to be legal advice. No lawyer-client relationship is formed nor should any such relationship be implied. This answer is not intended to substitute for the advice of a qualified lawyer. If you require legal advice, please consult with a qualified lawyer. If you would like to find out more about a consultation, you may click on the button below.


Schedule a Consultation

error: Content is protected !!