This process is so uncalled for. Putting another entity at the mercy of another is not right and might just discourage many from remitting their vat taxes. This will create more damage than good. That means many entities will be paying double taxation as a law-abiding entity will be made the scapegoat.
How do you file if you have sales in different currencies i.e., Sales in Naira & Dollar? Could you file in two different currencies at same time on the portal or you convert everything to Naira before filing?
Hello, There was no need for this schedule as at last month (March), hence, we will be unable to generate specific item IDs for any adjustments. Please clarify how to go about this. Previous months schedule was a lumped up figure .
The video is quite appreciated. However, this is too complex for MSMEs who sell mostly to end users. How do small businesses that sell in the open market process their VAT returns? Are they supposed to ask every man on the street to submit their TIN? There has to be a simpler way to this....especially for MSMEs. FIRS please treat accordingly.
Please how do i resolve this error permanently..''TaxPro Max:: Encountered as error, cause(s) at row ->13 column name ->item_cost reason ->The item_cost field is required''
Please how do we submit for VAT withheld?
This process is so uncalled for. Putting another entity at the mercy of another is not right and might just discourage many from remitting their vat taxes. This will create more damage than good. That means many entities will be paying double taxation as a law-abiding entity will be made the scapegoat.
How do you file if you have sales in different currencies i.e., Sales in Naira & Dollar? Could you file in two different currencies at same time on the portal or you convert everything to Naira before filing?
Hello,
There was no need for this schedule as at last month (March), hence, we will be unable to generate specific item IDs for any adjustments. Please clarify how to go about this.
Previous months schedule was a lumped up figure .
Please how do this new schedule affect hospitals that are VAT exempted?
Hello, please i mistaking clicked zero rated instead of Vatable. now i have a credit of VAT. How do i reverse this?
The video is quite appreciated. However, this is too complex for MSMEs who sell mostly to end users. How do small businesses that sell in the open market process their VAT returns? Are they supposed to ask every man on the street to submit their TIN? There has to be a simpler way to this....especially for MSMEs. FIRS please treat accordingly.
The upgrade made things more complex. The former platform was way better
The schedule is not uploading. It is giving error message. How do we go about it. Someone from FIRS should please respond to us please.
Please, how do we remit VAT withheld at source?
Where's is your logging in section?
Please how do i resolve this error permanently..''TaxPro Max:: Encountered as error, cause(s) at row ->13 column name ->item_cost reason ->The item_cost field is required''
THIS PROCESS IS TOO COMPLEX.I DON,T WATCH FILMS,SO UNDERSTANDING THIS VIDEO IS DIFFICULT.