The Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC) has unveiled plans to exempt a significant portion of the informal sector from taxation. Chaired by Taiwo...
Shell Petroleum Development Company of Nigeria Limited (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) paid a sum of $1.09 billion in corporate taxes...
In a bid to secure a $750 million loan from the World Bank, Nigeria is considering the reintroduction of previously suspended telecom taxes and other fiscal...
The Presidential Fiscal Policy and Tax Reforms Committee has announced a series of public engagements to discuss proposed tax policy changes. Scheduled to kick off in...
In view of the recent downtime experienced on the e-tax portal, the Lagos State Internal Revenue Service (LIRS) has extended the filing of employers’ annual tax...
The Federal Government through its Presidential Committee on Fiscal Policy and Tax Reforms has it will be meeting with state governors to discuss the suspension of...
In accordance with applicable tax legislation, the Lagos State Internal Revenue Service (LIRS) has communicated a reminder to all Employers of Labour to submit their annual...
In the pursuit of President Bola Ahmed Tinubu’s ambitious N10.4 trillion tax revenue target for 2024, tax experts are championing a substantial expansion of the tax...
The National Bureau of Statistics (NBS) has reported that the aggregate Value Added Tax (VAT) rose to N948.07 billion in the third quarter of 2023. The...
In a move to alleviate the challenges faced by taxpayers in meeting their obligations, the Federal Inland Revenue Service (FIRS) has announced a significant concession. The...