Thursday, 6 February 2020

VAT Increment: Switch To Whatsapp for Calls and SMS Now

The time has come to quit making calls or sending messages with your MTN, Airtel, Glo and 9mobile sim and switch to Whatsapp. This is because you will be paying 7.5% tax each time you make call and send SMS.

Several complains are being made on various social media platforms that the new 7.5% VAT shouldn't be enforced on calls, SMS and data yet the telcos chose to ignore all the complains.

Someone tried to see the implementation of the new 7.5% VAT on Calls, and  51 seconds call was charged at N34.81k while N5 was charged for 10 seconds call.

In the same way, SMS that is usually charged at N4 is currently N4.10 for each message you send.

Recall that just a month ago, the President of Nigeria, Muhammadu Buhari signed the nation's finance bill into law, with a general impact on Nigeria's financial laws. Although the government had said the new tax system won't unfavorably influence Nigerians, yet it appears not to be true.

The 7.5% tax increase is not meant for neither the rich alone nor the poor, it affects everyone ranging from Food and Beverages, Electricity, Telecommunication Petroleum companies as they currently include 7.5% VAT whenever you are billed.

If you want to ease yourself of the burden of paying extra for calls and SMS, I'll advice you start using Whatsapp like never before. Use it for calls and messages. But if you are the latest big boy or girl in the city, you can continue using the new rates on call and SMS.

Let us know what you think about the increment in VAT and whether you're okay as it affects calls and SMS.

Also share this piece of info with your friends on Whatsapp so that they also will be informed like you.

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