FG Realises N275.12bn from VAT in Q3, 2019
FG Realises N275.12bn from VAT in Q3, 2019 The Federal Government generated a total sum of N275.12 billion from Value Added Tax (VAT) in the…
tax
FG to Implement New Finance Bill on Jan 2
FG to Implement New Finance Bill on Jan 2 The Federal Government will implement the new Finance Bill on January 2, 2020, the Minister of…
Senate Passed Finance Bill, Nigerians to Start Paying 7.5% VAT
Senate Passed Finance Bill, Nigerians to Start Paying 7.5% VAT The Senate has finally passed the Finance Bill seeking to increase Value Added Tax by…
South East Receives N23.9bn Tax Arrears from FG
South East Receives N23.9bn Tax Arrears from FG The Chairman of the Federal Inland Revenue Service, Mr. Babatunde Fowler on Thursday disclosed that the Federal…
Bill Seeking to Hike VAT Passes Second Reading
Bill Seeking to Hike VAT Passes Second Reading The bill seeking to increase Value Added Tax (VAT) from 5 percent to 7.5 percent passed the…
Tax Automation Aiding Revenue Growth – Fowler
Tax Automation Aiding Revenue Growth – Fowler The Federal Inland Revenue Service (FIRS) has said technology integration is aiding revenue collection across the country. Mr…
Soft-Drink Tax: Experts Predict Hyperinflation, Job Loss
Soft-Drink Tax: Experts Predict Hyperinflation, Job Loss Following the plans by the Federal Government to impose Value Added Tax (VAT) on carbonated drinks, soft drinks…
FG To Introduce More Taxes, Expand Present Tax Base
FG To Introduce More Taxes, Expand Present Tax Base The Federal Government is planning to introduce more taxes and expand the incumbent tax base. The…
Experts Kick as IMF Calls for Tax Increase
Experts Kick as IMF Calls for Tax Increase Nigeria’s experts kicked against the International Monetary Fund (IMF) call for a tax increase as a means…
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…