Connect with us

Hi, what are you looking for?

Tech

Google Informs Nigerian Customers of 7.5% VAT Charges from April 1, 2022

Google LLC, an American multinational technology company that specializes in Internet-related services and products, has informed her Nigerian customers via email that “due to new legislation in Nigeria, starting April 1, 2022, Google will be required to charge 7.5% Value Added Tax (VAT) on all taxable goods and services.

The email informed the customers that “no action is required on their side with regard to their Google business account.”

They list notable changes to Nigerian customer’s Google business accounts as follow:

  • The amount of VAT charged on your purchases will appear as a separate line in your account
  • Your invoice or statement will show the amount of VAT charged

Google further explained that they “cannot advise you (customers) on tax matters, so please contact your tax adviser for any questions regarding this change.”

Recall that on January 1, 2022, Meta Platforms, Inc., (formerly known as Facebook, Inc) started charging her Nigerian advertisers 7.5% VAT on ad spending. Google is expected to start the same from April 1, 2022.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

Metro

A Delta State High Court in Effurun has awarded N30 million damages against popular Nigerian blogger, Linda Ikeji, for a libellous publication against the...

Cryptocurrency

Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US money-laundering...

Tech

The Sun Newspaper’s ICT reporter, Chinenye Anuforo, emerged victorious as she won the prestigious MTN Foundation Chairman’s Award for Innovative Reportage on the Foundation....

Tech

MTN Nigeria in collaboration with Pan-Atlantic University (PAU) held a graduation ceremony for the graduands of the second edition of its Media Innovation Programme...