FG to Begin Implementation of 7.5% VAT Next Month
FG to Begin Implementation of 7.5% VAT Next Month The new Finance Bill signed into law by President Muhammadu Buhari earlier this week will be…
tax
FG Signs 7.5% VAT Increase To Law
FG Signs 7.5% VAT Increase To Law The Federal Government has finally passed into law the 50 percent increase in Value Added Tax (VAT) from…
Finance Bill: FG to Exempt SMEs from Income Tax
Finance Bill: FG to Exempt SMEs from Income Tax The Federal Government through the new Finance Bill will exempt Small and Medium Enterprises (SMEs) with…
FIRS: Staff Rejects Aina as Acting Chairman
FIRS: Staff Rejects Aina as Acting Chairman The staff of the Federal Inland Revenue Service (FIRS) has rejected Abiodun Aina as the acting chairman of…
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…
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…