Firms Earning Below N25m ‘ll Not Pay Companies Tax – Minister
Firms Earning Below N25m 'll Not Pay Companies Tax - Minister
The Finance Bill 2019, when signed into law, will ensure that small businesses with...
FIRS Gives One Month Notice to Ease TCC Issuance
FIRS Gives One Month Notice to Ease TCC Issuance
..announces new TCC regime
Executive Chairman Federal Inland Revenue Service(FIRS), Muhammad Nami, has offered a 30- day...
TAX: Kano Seals 3 Zenith Bank Branches Over N423m Debt
TAX: Kano Seals 3 Zenith Bank Branches Over N423m Debt
The Kano State Internal Revenue Services (KIRS) on Monday sealed three branches of Zenith bank...
FIRS Gives 7-day Notice To Tax Defaulters
FIRS Gives 7-day Notice To Tax Defaulters
The Federal Inland Revenue Service has given a seven-day notice to tax defaulters, with a warning that it...
LCCI To FG: Scrap Taxes On Solar Equipment
LCCI To FG: Scrap Taxes On Solar Equipment
The Director-General, Lagos Chambers of Commerce and Industry, Muda Yusuf, has said that the import duty and...
2019 Finance Bill Will Promote Tax Incentives, Fiscal Equity – CITN
2019 Finance Bill Will Promote Tax Incentives, Fiscal Equity - CITN
The Chartered Institute of Taxation of Nigeria (CITN) has thrown its weight behind the...
Outrage As Senate Okays 50% VAT Increment
Outrage As Senate Okays 50% VAT Increment
The bill specifically seeks to hike the Value-Added Tax from five percent to 7.5 percent.
The Federal Executive Council...
High Tax Evasion Depleting Ekiti’s IGR, Says Ogunmilade
High Tax Evasion Depleting Ekiti’s IGR, Says Ogunmilade
The Chairman of the Ekiti State Internal Revenue Board, Mr. Olumuyiwa Ogunmilade, has expressed displeasure over the...
Buhari Blames Politicians, Oil Firms For Tax losses Over The Years
Buhari Blames Politicians, Oil Firms For Tax losses Over The Years
President Muhammadu Buhari has blamed politicians and oil companies for conspiring to deny Nigeria...
FG To Introduce Tax Incentives On Investment In Capital Market
FG To Introduce Tax Incentives On Investment In Capital Market
The Federal Government on Thursday said it would introduce tax incentives on investments in capital...
All Tax Processes Are Now Automated – FIRS Boss
All Tax Processes Are Now Automated – FIRS Boss
The Chairman, Federal Inland Revenue Service, Mr Babatunde Fowler, has said that improvement in revenue collection...
FIRS Generated N4trn In 9 Months — Fowler
FIRS Generated N4trn In 9 Months — Fowler
The Federal Inland Revenue Service on Thursday said it collected the sum of N4.01tn in the first...
Experts Oppose IMF’s Call For Tax Hike
Experts Oppose IMF’s Call For Tax Hike
Finance experts, Lagos Chamber of Commerce and Industry, a university don, among others, have disagreed with the International...
ABCON Cautions FG Against VAT Hike
ABCON Cautions FG Against VAT Hike
The Association of Bureaux De Change Operators of Nigeria (ABCON) has cautioned against the proposed increase in the Value...
Nigeria Has Lowest Tax Rate Globally, Says Agba
Nigeria Has Lowest Tax Rate Globally, Says Agba
The Minister of State for Budget and National Planning, Prince Clem Agba, has defended the recent increase...
2020 Budget: 85% VAT Going To States, LGAs – Fashola
2020 Budget: 85% VAT Going To States, LGAs – Fashola
The Minister of Works and Housing, Babatunde Fashola, has said that 85 per cent of...
President Buhari Exempts Firms With N25m Turnover From VAT
President Buhari Exempts Firms With N25m Turnover From VAT
Firms making a turnover of N25 million and below will be exempted from payment of the...
30,000 Firms In Kaduna Fail To Pay Taxes
30,000 Firms In Kaduna Fail To Pay Taxes
THE chairman, Kaduna State Internal Revenue Services, Zaid Abubakar, has said more than 30,000 companies in the...
VAT Collection Still At 0.2%, FG Says
VAT Collection Still At 0.2%, FG Says
Mrs. Zainab S. Ahmed has said the collection of the value added tax (VAT) is still at a...
Tenure: FIRS Boss, Fowler To Know Fate On October 11
Tenure: FIRS Boss, Fowler To Know Fate On October 11
The Federal High Court sitting in Kano has today heard the Originating Summons of a...
