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 5...
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 annual...
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 the...
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 third...
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 Finance,...
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 2.5...
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 Government...
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 second...
Tax Automation Aiding Revenue Growth – Fowler The Federal Inland Revenue Service (FIRS) has said technology integration is aiding revenue collection across the country. Mr Babatunde...
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 and...