VAT to Aid Infrastructure Development, Social Amenities – Agba
VAT to Aid Infrastructure Development, Social Amenities – Agba Prince Clem Agba, the Minister of State for Budget and National Planning, has said the 50…
tax
Senate to Reject VAT Increase, Proposes 9% Communication Tax
Senate to Reject VAT Increase, Proposes 9% Communication Tax Nigerians may have to pay 9 percent service tax for using communication service if the Communication…
Tax Defaulters Owe N254 Billion Says FIRS
Tax Defaulters Owe N254 Billion Says FIRS Mr Babatunde Fowler, the Executive Chairman, Federal Inland Revenue Service (FIRS) on Wednesday said 23,141 tax defaulters owe…
FG Raises Value Added Tax by 50% to 7.5%
FG Raises Value Added Tax by 50% to 7.5% The Federal Executive Council (FEC) has approved a proposed 50 percent increase in Value Added Tax…
FG Gives Dangote, Others Tax Credits to Boost Infrastructure
FG Gives Dangote, Others Tax Credits to Boost Infrastructure In a bid to boost the nation’s infrastructure, the Federal Government through the Road Infrastructure Development…
FIRS To Generate N1.3 Trillion from VAT on Online Transactions
FIRS To Generate N1.3 Trillion from VAT on Online Transactions The Federal Inland Revenue Services (FIRS) has said that it may generate a total of…
FG Realises N312bn From Value Added Tax in Q2, 2019
FG Realises N312bn From Value Added Tax in Q2, 2019 The National Bureau of Statistics (NBS) has said the Federal Government through the Federal Inland…
FIRS Sets January 2020 for Online VAT Deduction
FIRS Sets January 2020 for Online VAT Deduction The Federal Inland Revenue Service (FIRS) insisted on imposing 5 percent Value Added Tax (VAT) on online…
FIRS Fixes Deadline on Monthly Payments of VAT
FIRS Fixes Deadline on Monthly Payments of VAT The Federal Inland Revenue (FIRS) has fixed the 21st of every month as the deadline for the…
Nigerians to Pay 5% VAT on Online Purchases
Nigerians to Pay 5% VAT on Online Purchases Cost of buying goods online may surge next year as the Federal Inland Revenue Service (FIRS) perfects…