FG revenue projection uncertain as Customs raises concern over Finance Act
The Federal Government’s revenue projection faces some uncertainty as the Nigeria Customs Service (NCS) has expressed fears over the Finance ...
Tag: Finance Act
FG says revenue generated from sugar tax will be used to improve public health facilities
N10 per litre sugar tax on beverages introduced in the recent Finance Act would be used to invest in Nigeria’s ...
Tax on international e-commerce may force companies to pass cost to customers – Taiwo Oyedele
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
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
The Federal Government has announced the introduction of excise duty of N10 per litre on all non-alcoholic, carbonated and sweetened ...
Minimum wage earners should be exempted from paying income tax – FG
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
According to the Post Master General of the Federation, the removal of stamp duty collection from the duties of NIPOST is ...
Buhari seeks amendment of new Finance Act
President Muhammadu Buhari has written to the House of Representatives to seek amendments to the Finance Act recently passed by ...
FIRS to brace up on tax compliance policies
In a bid to ensure total tax compliance in the country, the FIRS has disclosed plans to put new policies ...
Why rich Nigerians will pay more in new tax regime
The Federal Inland Revenue Service (FIRS) has said that the implementation of the Finance Act would lead to richer Nigerians ...
