From April 1, 2022, Google will charge 7.5 per cent value-added tax (VAT) from all taxable services provided to Nigerian customers
The company made this known in a statement,saying that Facebook and Zoom over the weekend.have started charging 7.5 per cent VAT on all services provided to Nigerian customers.
Google said the new rate was in compliance with Nigeria’s legislation on VAT which is already on going from February 1, 2020, under the new Finance Act.
It said the VAT rate charge would be applicable to customers operating a Google business account.
“Due to new legislation in Nigeria, starting April 1, 2022, Google will be required to charge 7.5 percent VAT on all taxable goods and services,” the company said.
“No action is required on your side with regard to your Google business account.”
Google said the amount of VAT charged on purchases would appear as a separate line in customers’ business accounts, adding that invoices or statements will also show the amount of VAT charged.
“Notable changes to customers’ Google business account: 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,” it added.
“Google can’t advise you on tax matters, so please contact your tax adviser for any questions regarding this change.”
