Tax
- NEWS
PWDs want FG to reverse increases on tax, tariffs, others
Persons With Disabilities (PWDs), have urged the Federal Government to reverse Value Added Tax (VAT) from 7.5 per cent to…
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Expanded VAT Scheme lauded, safeguard against abuse – Expert
Dr Taiwo Oyedele, Fiscal Policy Partner and Africa Tax Leader, PriceWaterHouseCoopers, has lauded the Value Direct Initiative (a tax scheme)…
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Don’t raise taxes, expand tax net, Experts urge Govt.
Experts have advised government to pursue initiatives that will widen the tax net instead of increasing taxes to reduce the…
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Nigeria’s tax-to-GDP ratio rose from 6% to 10.86% in 2021 – FIRS
The Federal Inland Revenue Service (FIRS) says Nigeria’s tax-to-GDP ratio rose from six percent to 10.86 percent by the end…
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How Technology enhances tax administration in Nigeria – FIRS
FIRSThe Federal Inland Revenue Service (FIRS) says it is leveraging on technology to drive increased revenue generation. Mr Kabir Abba,…
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NNPC invests 1.9 trn in road infrastructure via tax credit scheme
The Nigerian National Petroleum Company Limited says it is investing N1.96 trillion into road infrastructure development via its tax credit…
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Introduce solidarity wealth tax on Super-Rich, Oxfam urges Govts
An NGO, Oxfam in Nigeria has urged Federal and State governments to adopt a systemic and wide-ranging increase in taxation…
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FG exempts firms earning below N25m from paying Tax
The Federal Government has said that small businesses with turnover less than 25 million naira will be exempted from Companies…
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