Tax
Tax related news
House of Reps allege international oil companies may be evading taxes
The House claimed that Shell, Total, and First E & P were in violation of Nigerian law for making capital...
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Budget Office insists on more taxes for wealthy Nigerians
Nigeria has a revenue problem and not a debt problem
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FIRS appoints MTN, Airtel, commercial banks to collect VAT
The Federal Inland Revenue Service (FIRS) has appointed telecommunications giants, MTN and Airtel, as well as commercial banks or deposit...
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Lagos commuters may be stranded on Monday as commercial bus drivers threaten 7-day strike
JDWAN has threatened to embark on seven days of protest and boycott of services across the state over multiple and...
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New parking levy regime for Lagosians commences Q2 2023 – Lagos Govt
The new parking levy would affect religious places, event centres, streets, houses on setbacks and other public places
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FIRS begins direct tax collection from online gaming operators
The taxes will be deducted at transaction points through the Sentinal National Payment Gateway
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United Kingdom reverses 45% top tax rate cut
The United Kingdom has reversed its 45% top tax rate cut on the richest 1% of the economy
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Company Incomes Tax rises 29.53% to N714.40 billion in Q2 2022
Nigeria’s Company Income Tax for Q2 2022 was reported at N714.40 billion, indicating a growth rate of 29.53% on a...
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FG suspends proposed 5% excise duty on telecom services
The Federal Government has suspended its planned implementation of 5% excise duty on telecommunications services.
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Nigeria records N600.15 billion from VAT in Q2 2022
Nigeria records a total of N600.15 billion from Value Added Tax (VAT) in Q2 2022, indicative of a 17.16% on...
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