How New VAT Law’ll Affect Cost Of Building Materials
November 29, 2019
6:57 am
Although, cost of building materials rise often without major developments in the economy, the planned increased of Value Added Tax by the government is enough reason for building material prices to spike. Now that the Federal Government has decided to increase value added tax (VAT) on some goods, it would be difficult to isolate its effect outside the bulding materials sector. Of course, it will include cost of building materials and houses in the property market. Today for instance cost of accommodation is high because the cost of building materials is correspondingly high. This is why the decision
