FG revenue projection uncertain as Customs raises concern over Finance Act

Re-introduction of excise duty on non-alcoholic drinks will cause N1.9 trillion revenue loss – MAN

The Federal Government’s revenue projection faces some uncertainty as the Nigeria Customs Service (NCS) has expressed fears over the Finance ...

Sen. Adeleke Mamora: Federal Minister of State for Health of Nigeria

FG says revenue generated from sugar tax will be used to improve public health facilities

by William Ukpe

May 21, 2022

0

N10 per litre sugar tax on beverages introduced in the recent Finance Act would be used to invest in Nigeria’s ...

VAT: Federal Government giving more to states than they collect- Taiwo Oyedele

Tax on international e-commerce may force companies to pass cost to customers – Taiwo Oyedele

by William Ukpe

January 17, 2022

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The taxation of the digital economy experienced some modification in the 2021 Finance Act which requires that companies restrict VAT ...

Finance Act: Investors to pay 10% tax on sale of shares in any Nigerian company

by Analysts Nairametrics

January 7, 2022

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Investors on the Nigerian Stock Exchange are to pay a Capital Gains Tax of 10% on the sale of shares ...

FG introduces N10 per litre tax on carbonated drinks as MAN kicks against it

by Chike Olisah

January 6, 2022

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The Federal Government has announced the introduction of excise duty of N10 per litre on all non-alcoholic, carbonated and sweetened ...

Buhari sacks DG National Directorate of Employment, Nasiru Argungu

Minimum wage earners should be exempted from paying income tax – FG

by Omokolade Ajayi

November 23, 2020

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The FG is proposing in the new Finance Act, an exemption of minimum wage earners from paying income tax.

Finance Act dwindling NIPOST revenue as Post Master General plead for review

by Fakoyejo Olalekan

March 12, 2020

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According to the Post Master General of the Federation, the removal of stamp duty collection from the duties of NIPOST is ...

NDDC, Cash transfer, President Buhari, non-oil Exports, oil revenue, export revenue, FG Waives import duties for medical supplies, Orders Customs to expedite clearing, Presidency faults report on Kyari as Buhari didn’t cancel memos, appointments approved by him

Buhari seeks amendment of new Finance Act

by Chidinma Nwagbara

March 10, 2020

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President Muhammadu Buhari has written to the House of Representatives to seek amendments to the Finance Act recently passed by ...

FIRS generates N490 billion tax revenue in July, collects 89% from non-oil sector,7.5% VAT: Implementation to begin Feb 1 – FG, FIRS redeploys 50 directors in massive shakeup ,FIRS moves to stop tax evasion with newly launched intelligence system , FIRS boss, Nami discloses why FIRS failed to meet revenue target under Fowler, FIRS to scale up tax compliance with new policies , FIRS tighten noose on deduction of stamp duty, CIT, others , Nigerians will now pay N50 stamp duty on electronic receipts – FIRS, Tax debt payments extended to August 31- FIRS

FIRS to brace up on tax compliance policies

by Chidinma Nwagbara

February 19, 2020

0

In a bid to ensure total tax compliance in the country, the FIRS has disclosed plans to put new policies ...

FIRS, Nigeria generates N424.71 billion VAT in Q3 2020

Why rich Nigerians will pay more in new tax regime

by Chidinma Nwagbara

February 9, 2020

1

The Federal Inland Revenue Service (FIRS) has said that the implementation of the Finance Act would lead to richer Nigerians ...

Tag: Finance Act