FIRS generates N490 billion tax revenue in July, collects 89% from non-oil sector
The agency has announced a significantly huge amount it collected as tax for the month of July.
Tag: FIRS tax revenue
Nigeria records zero revenue from luxury item tax
Nigeria has recorded zero collection in luxury taxes for the second year running.
COVID-19 now a national security threat, as 2020 fiscal deficit exceeds FRA Standards
Reports from the Addendum to the 2020-2022 MTEF/FSP reveal that the revised fiscal deficit is estimated at N4.58 trillion from N1.85 trillion
Ethiopia moves ahead of Nigeria, offers tax relief to firms affected by COVID-19
In reaction to the economic crisis, triggered by the coronavirus pandemic, Ethiopia has offered tax relief to companies affected by ...
Nigerians react as FIRS Chairman asks companies to pay tax before due date
Nigerians have been reacting to the circular from the Executive Chairman of Federal Inland Revenue Service (FIRS), Muhammad Nami, to ...
Agusto says tax evaders are wealthy people in Nigeria
Mr. Bode Agusto has weighed in on the tax evasion and default in payment, according to him, 200,000 wealthy Nigerians ...
FIRS issues 30-day window to obtain tax clearance certificates
The Federal Inland Revenue Service (FIRS) has given taxpayers 30 days window to secure their 2020 tax clearance certificates. The ...
Defaulters owe N254 billion in tax liabilities, says FIRS
Not less than 23,141 defaulters are owing tax liabilities totaling N254 billion. This is according to the Federal Inland Revenue ...
FIRS to start charging VAT on online transactions soon – Fowler
The Federal Inland Revenue Service will start taking Value Added Tax on online transactions any moment from now according to ...
FIRS going after 55,000 millionaire tax debtors to meet mid-year target
The Federal Inland Revenue Service plans to generate about N750 billion from about 55,000 millionaire tax debtors. The FIRS intends ...
