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…
tax
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…
VAT Charges on Capital Market Transactions Resume Today
VAT Charges on Capital Market Transactions Resume Today The re-introduction of Value Added Tax charges on transactions in the Nigerian capital market takes effect from…
Oxfam Urges FG to Fast-track Action on New Tax Policy
Oxfam Urges FG to Fast-track Action on New Tax Policy Oxfam in Nigeria has called on the federal government to fast-track action on the approved…
MAN Urges FG to Halt 50% Increase in VAT
MAN Urges FG to Halt 50% Increase in VAT The Manufacturers Association of Nigeria has called on the Federal Government to jettison the idea of…
Tax Tribunal Resolves 42 Cases Worth N288bn
Tax Tribunal Resolves 42 Cases Worth N288bn A total of 42 tax-related disputes worth N288.1bn have been resolved by the Tax Appeal Tribunal within a…
FG Defaults on VAT waiver for Domestic Airlines
FG Defaults on VAT waiver for Domestic Airlines More than one year after the pronouncement for Value Added Tax to be removed from air transport,…
New Tax ID: FG Directs CBN, Others to Synergise With Joint Tax Board
New Tax ID: FG Directs CBN, Others to Synergise With Joint Tax Board The Federal Government has directed the Central Bank of Nigeria, Nigeria Interbank…
Ahmed: FG Plans to Raise VAT to 7.5% by 2020
Ahmed: FG Plans to Raise VAT to 7.5% by 2020 A former Minister of Finance, Mrs. Zainab Ahmed, yesterday said the federal government was planning…
Gratuities Are Tax Exempted, Says Tax Tribunal
Gratuities Are Tax Exempted, Says Tax Tribunal The Tax Appeal Tribunal, South East Zone, has said that gratuities are tax exempted under the Personal Income…