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PIA’ll Deplete Tax Revenue, FIRS warns

PIA'll Deplete Tax Revenue, FIRS warns       Federal Inland Revenue Service (FIRS) Chairman, Mohammed Nami, said though the law may affect revenue expected to be generated from Petroleum Profit Tax next year, government revenue is expected to increase significantly in 2023. Speaking at an interactive session on...

FIRS Sets June 30 To Resume Field Audit, Investigation Exercises

FIRS Sets June 30 To Resume Field Audit, Investigation Exercises     The Federal Inland Revenue Services (FIRS) has said it will resume audit, investigations and monitoring exercises earlier suspended as part of measures to cushion the effects of Covid-19 pandemic on the 30th June 2020. In a...

FIRS Sets April 1 For eVAT Collection For Superstores, Others

FIRS Sets April 1 For eVAT Collection For Superstores, Others   The Federal Inland Revenue Service (FIRS) has stated that its Automated Value Added Tax (VAT) collection for branded shops, superstores, general supermarkets, standard restaurants and eateries nationwide will become effective from April 1, 2020. Chairman of...

FIRS Sets April 12 Deadline For Taxpayers To Get TIN

FIRS Sets April 12 Deadline For Taxpayers To Get TIN   The Federal Inland Revenue Service (FIRS) has again said it is mandatory for all taxpayers and companies to register and obtain the Tax Identification Number (TIN) and display it on all documents supporting business transactions...