FG Defaults On VAT Waiver For Domestic Airlines
More than one year after the pronouncement for Value Added Tax (VAT) to be removed from air transport, the Federal Government has failed to implement the order.
Findings by our correspondent showed that domestic airlines still pay VAT,...
FIRS Seeks CBN Support To Track VAT Paid By Foreign Entities
The Federal Inland Revenue Service is seeking the support of the Central Bank of Nigeria to track payment of Value Added Tax made electronically by foreign entities that are not registered in Nigeria.
The agency...
Buhari Explains Removal Of VAT From Domestic Air Fares
President Muhammadu Buhari says the recent decision by the Federal Government to remove Value Added Tax (VAT) from domestic air transportation fares is to make air travel more affordable to citizens.
The president said this when he...
States Failed To Remit N41bn VAT – FIRS
The Federal Inland Revenue Service has accused state governments of failing to remit Value Added Tax to the tune of N41bn to the Federal Government’s coffers.
The Jigawa State Governor, Abubakar Badaru, disclosed this to State House correspondents...
Airline Operators Threaten To Stop VAT Payment June 14
There is an imminent face-off between the Federal Government and airline operators over payment of Value Added Tax (VAT). The operators under the umbrella of Airline Operators of Nigeria (AON) yesterday rose from their meeting where...
FIRS, States Deploy Web Solution For VAT Payment, Generate N9.76bn
Between July 2016 and April this year, the Federal Inland Revenue Service generated a total revenue of N9.76bn through the State Offices of the Accountant-General Platform.
The Executive Chairman, FIRS, Mr. Tunde Fowler, gave the figure...
