Tax Increase During Pandemic Can’t Alleviate Poverty– Expert

A partner at Stransact Partners, Yomi Salawu, has said that increasing the personal income tax during…

FG TO EXEMPT MINIMUM WAGE EARNERS FROM PAYING PERSONAL TAX

The Federal Government has disclosed it would exempt minimum wage earners from paying personal income tax,…

FIRS TO BEGIN RECOVERY OF ALL OUTSTANDING TAX DEBTS AND PENALTIES FROM JANUARY 1, 2021

The Federal Inland Revenue Service (FIRS) has disclosed that its waivers on penalties and interest on…

NO TAX INCREASE AS FEC APPROVES FINANCE BILL– MINISTER

The Federal Executive Council on Wednesday approved the 2020 Finance Bill for subsequent transmission to the…

FG INITIATES ADDITIONAL TAX EXEMPTION FOR SMALL BUSINESSES

The Federal Government has initiated the exemption of small businesses from the payment of Tertiary Education…

FG PLAN TO FACILITATE REMOVAL OF TAX ON MINIMUM WAGE

According to a statement made by the Federal government on Monday morning, the Nigerian Government is…

TAX ADOPTION CAN HELP SOLVE FISCAL DEFICIT CHALLENGE, SAYS CITN

The President, Chartered Institute of Taxation of Nigeria, Olajumoke Simplice, during a webinar on the common…

TJNA, CISLAC RECOMMEND 75% TAX INCREASE ON TOBACCO COMPANIES, PRODUCTS

Tax Justice Network Africa (TJNA) and Civil Society Legislative Advocacy Centre (CISLAC) have asked the federal…

LAGOS DECLARES ADDITIONAL TAX INCENTIVES FOR BUSINESSES, INDIVIDUALS

The Lagos State Government has disclosed additional tax incentives and reliefs for businesses and individuals in…

FIRS EXTENDS RETURNS FILING DEADLINE BY 7 DAYS

The Federal Inland Revenue Service (FIRS) has extended the deadline for filing of returns in a…