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Monday, May 25, 2020

Welcoming VAIDS Tax Thursday Programme

There is currently a global initiative to tackle the problem of illicit financial flows and tax evasion, which has contributed to the country’s underdevelopment....

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...
Kemi Adeosun Finance Minister

Adeosun – Regular Tax Payment Crucial To Development

Adeosun - Regular Tax Payment Crucial To Development   The Minister of Finance, Mrs. Kemi Adeosun, on Sunday identified the regular payment of taxes by Nigerians...

FIRS Boss Honoured for Raising N2 trillion Revenue

Chairman of Federal Inland Revenue Service and Chairman of Joint Tax Board, Mrs Ifueko Omoigui-Okauru was honoured for collecting a tax revenue of N2.2...

Leadway Assurance, PricewaterhouseCoopers To Educate Public On FG’s Tax Policy

Leadway Assurance, PricewaterhouseCoopers To Educate Public On FG’s Tax Policy Leadway Assurance is set to organize a one-day seminar in partnership with consulting firm PricewaterhouseCoopers...

Tax Revenue: FG Targets N900bn Offshore Assets

Tax Revenue: FG Targets N900bn Offshore Assets The Attorney General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami, has disclosed that the...

LCCI Seeks Concessionary Tax Rate For SMEs

LCCI Seeks Concessionary Tax Rate For SMEs   The Lagos Chamber of Commerce and Industry has called for the concessionary tax rate for the Small and...

Self assessment can drive growth in 2013

Many tax jurisdictions now rely on self-assessment as the major means of tax collection; it has become a tax modern administration trend. Indeed it...

FIRS generated N1.245trn in 4 months

The Federal Inland Revenue Service (FIRS) is opening a new office at the National Assembly complex in Abuja. It has also generated N1.245trillion in...
IMF

Adeosun Engages G24 on Tax Revenue, Inclusive Growth

Finance Minister Kemi Adeosun, met with fellow Finance Ministers at a meeting convened by the G24 Group to discuss strategies to drive non-oil revenue...

Investors Seek Tax Removal On Investments To Promote Savings

Investors Seek Tax Removal On Investments To Promote Savings   The prevailing high tax regime in the country has come under fresh criticism, as investors have...

FG Realised N3.9tn Tax Revenue In 9months

FG Realised N3.9tn Tax Revenue In 9months   The Federal Government realised N3.9tn in tax revenue between January and September this year and this is N1tn...

N28bn Recovered From Tax Defaulters – EFCC

N28bn Recovered From Tax Defaulters - EFCC   The Economic and Financial Crimes Commission says it has recovered N28bn from tax defaulters on behalf of the...

FEC Approves New Tax Policy

The Federal Executive Council (FEC) has approved a new National Tax Policy (NTP) proposed by the Federal Ministry of Finance, which seeks to...

Finance Minster- We’ll Expose Tax Debtors With Bank Account Data

Finance Minster- We’ll Expose Tax Debtors With Bank Account Data   The Minister of Finance, Mrs. Kemi Adeosun, has advised wealthy Nigerians to take advantage of...

IRS: Again Tax agency revives Advocacy Campaign

  The Federal Inland Revenue Service (FIRS) has revived it information machinery with regular media invitation and press releases issued on various positive development...

FG Clears N33.13bn PAYE Liabilities

FG Clears N33.13bn PAYE Liabilities   The Federal Inland Revenue Service has said that the Federal Government has cleared N33.13bn outstanding PAYE tax liabilities owed by...

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...

TAX: Chinese Firm, WEMPCO, Grounded Over N200m Debt

TAX: Chinese Firm, WEMPCO, Grounded Over N200m Debt   The placement of a lien on the accounts of a Chinese firm, Western Metal Products Company, popularly...

How Removal Of Fuel Subsidy Will Help The Economy

……FIRS says it didn’t disagree with FG on subsidy  The attention of the  Federal Inland Revenue Service has been drawn to news stories reported...
Live Covid-19
United States 1,686,436
Cases: 1,686,436
Deaths: 99,300
Recovered: 451,702
Active: 1,135,434
Brazil 365,213
Cases: 365,213
Deaths: 22,746
Recovered: 149,911
Active: 192,556
Russia 344,481
Cases: 344,481
Deaths: 3,541
Recovered: 113,299
Active: 227,641
Spain 282,852
Cases: 282,852
Deaths: 28,752
Recovered: 196,958
Active: 57,142
United Kingdom 259,559
Cases: 259,559
Deaths: 36,793
Recovered:
Active: 222,766
Italy 229,858
Cases: 229,858
Deaths: 32,785
Recovered: 140,479
Active: 56,594
France 182,584
Cases: 182,584
Deaths: 28,367
Recovered: 64,617
Active: 89,600
Germany 180,328
Cases: 180,328
Deaths: 8,371
Recovered: 160,300
Active: 11,657
Turkey 156,827
Cases: 156,827
Deaths: 4,340
Recovered: 118,694
Active: 33,793
India 138,917
Cases: 138,917
Deaths: 4,024
Recovered: 57,721
Active: 77,172
Iran 135,701
Cases: 135,701
Deaths: 7,417
Recovered: 105,801
Active: 22,483
Peru 119,959
Cases: 119,959
Deaths: 3,456
Recovered: 49,795
Active: 66,708
Canada 84,699
Cases: 84,699
Deaths: 6,424
Recovered: 43,985
Active: 34,290
China 82,985
Cases: 82,985
Deaths: 4,634
Recovered: 78,268
Active: 83
Saudi Arabia 72,560
Cases: 72,560
Deaths: 390
Recovered: 43,520
Active: 28,650
Chile 69,102
Cases: 69,102
Deaths: 718
Recovered: 28,148
Active: 40,236
Mexico 68,620
Cases: 68,620
Deaths: 7,394
Recovered: 47,424
Active: 13,802
Belgium 57,092
Cases: 57,092
Deaths: 9,280
Recovered: 15,272
Active: 32,540
Pakistan 56,349
Cases: 56,349
Deaths: 1,167
Recovered: 17,482
Active: 37,700
Netherlands 45,236
Cases: 45,236
Deaths: 5,822
Recovered:
Active: 39,414
Qatar 43,714
Cases: 43,714
Deaths: 23
Recovered: 9,170
Active: 34,521
Ecuador 36,756
Cases: 36,756
Deaths: 3,108
Recovered: 3,560
Active: 30,088
Belarus 36,198
Cases: 36,198
Deaths: 199
Recovered: 14,155
Active: 21,844
Bangladesh 33,610
Cases: 33,610
Deaths: 480
Recovered: 6,901
Active: 26,229
Sweden 33,459
Cases: 33,459
Deaths: 3,998
Recovered: 4,971
Active: 24,490
Singapore 31,616
Cases: 31,616
Deaths: 23
Recovered: 14,876
Active: 16,717
Switzerland 30,736
Cases: 30,736
Deaths: 1,906
Recovered: 28,100
Active: 730
Portugal 30,623
Cases: 30,623
Deaths: 1,316
Recovered: 17,549
Active: 11,758
United Arab Emirates 29,485
Cases: 29,485
Deaths: 245
Recovered: 15,056
Active: 14,184
Ireland 24,639
Cases: 24,639
Deaths: 1,608
Recovered: 21,060
Active: 1,971