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Fed Govt Generates Over N70bn From VAIDS

Fed Govt Generates Over N70bn From VAIDS   FEDERAL Government’s data mining activities on taxpayers has shown that over N70 billion was realised from the now ended Voluntary Assets and Income Declaration Scheme (VAIDS) programme. Minister of Finance, Budget and National Planning Mrs. Zainab Ahmed made this...

FG, states Realised N30bn From VAIDS — Fowler

FG, states Realised N30bn From VAIDS — Fowler   A total of N30bn has been realised from taxpayers who have declared their assets under the Voluntary Assets and Income Declaration Scheme of the Federal Government. The Executive Chairman, Federal Inland Revenue Service, Mr. Babatunde Fowler, gave the...

VAIDS: A Call for Humane Taxation

VAIDS: A Call for Humane Taxation By Comfort Yakubu   Voluntary Assets and Income Declaration Scheme(VAIDS) was introduced by the current administration as an initiative designed to encourage voluntary disclosure of previously undisclosed assets and income for payment of all outstanding taxes. It has been implemented by the...

VAIDS: Buhari Extends Deadline To June 30

VAIDS: Buhari Extends Deadline To June 30     President Muhammadu Buhari on Wednesday approved the extension of the Voluntary Assets and Income Declaration Scheme to June 30, 2018. According to a statement by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, the...

Tax: Defaulters In Final Rush As Amnesty Ends Tomorrow

Tax: Defaulters In Final Rush As Amnesty Ends Tomorrow   As the tax amnesty under the Voluntary Assets and Income Declaration Scheme ends on Saturday, tax defaulters are said to be making last-minute efforts to meet the March 31 deadline. The VAIDS offers a grace period from...

Expert Advises Taxpayers To Take Advantage Of VAIDS

Expert Advises Taxpayers To Take Advantage Of VAIDS     The Principal Partner, ROAC Chartered Accountants, a leading accounting and tax advisory firm, Mr. Gbenga Akinyemi, says taxpayers must take advantage of the tax amnesty being offered by the Federal Government through the Voluntary Assets and Income...