Wealthy Nigerians Evade Tax the Most -Agusto
Wealthy Nigerians Evade Tax the Most -Agusto Mr Bode Agusto, the Director-General, Budget Office, on Tuesday said wealthy Nigerians are the nation’s largest tax evaders….
tax
Withholding Taxes: Senate to Investigate Banks for Nonremittance
Withholding Taxes: Senate to Investigate Banks for Nonremittance The Senate has instructed its committee on Bank, Insurance and other financial related matters to investigate allegations…
FG to Achieve 17% Tax to GDP Ratio by 2023
FG to Achieve 17% Tax to GDP Ratio by 2023 The Federal Inland Revenue Service (FIRS) has said the service will achieve its target of…
VAT Revenue Dips by N530bn in 2019
VAT Revenue Dips by N530bn in 2019 The total amount generated by the nation from Value Added Tax (VAT) dipped by N530 billion from the…
FIRS to Tax Roadside Sellers, Traders
FIRS to Tax Roadside Sellers, Traders Federal Government is currently contemplating taxing roadside traders and sellers in the informal sector to promote accountability and good…
Senate Says 7.5% VAT Increase Won’t Affect Purchasing Power
Senate Says 7.5% VAT Increase Won’t Affect Purchasing Power The Senate has said the recently increased Value Added Tax (VAT) won’t affect the purchasing power…
FG Generates N70b From Voluntary Asset Declaration
FG Generates N70b From Voluntary Asset Declaration The Minister of Finance, Mrs Zainab Ahmed, has said the Federal Government generated N70 billion from the Voluntary…
FG Exempts Pads, Food Items, Others From New VAT Law
FG Exempts Pads, Food Items, Others From New VAT Law The Federal Government has exempted 20 food items, tuition fees of students in primary, secondary…
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…
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…