Nigeria generates N1.53 trillion VAT in 2020, grows by 29%
VAT revenue grew by 29.3% compared to N1.18 trillion recorded in 2019 as professional services sector tops with N162.3 billion ...
Tag: firs
News and Analysis about firs
Buhari directs FIRS, others to ensure strict compliance of tax payment by foreign firms
President Buhari has directed the FIRS and other related government agencies to ensure strict compliance of tax payments by foreign ...
Buhari orders MDAs to grant FIRS access to their systems
Buhari has directed all government agencies and business enterprises to grant FIRS access to their systems for a seamless connection.
FIRS hits 98% of target as it collects N4.95 trillion for 2020 fiscal year
FIRS has announced that it generated N4,952,243,711,728.37 as tax revenue in the 2020 fiscal year.
FIRS announces 35 new Tax Audit Units to address illicit financial flow in Nigeria
The FIRS has added additional 35 tax audit units nationwide, to stem the high rate of illicit financial flow in ...
FIRS to commence recovery of all outstanding tax debts and penalties from January 1, 2021
The FIRS has stated that it shall recover all outstanding debt with penalties and interest from January 1, 2021.
Stamp Duty on Nigerian Stock market transactions pegged at 0.08% from December 7
The NSE has given clarifications on the public notice released by the FIRS, itemizing contract notes at an ad valorem ...
Nigeria generates N416.01 billion from Company Income Tax in Q3 2020
Total company income tax generated increased by 3.48% in Q3 2020, compared to N402.03 billion recorded in Q2 2020.
Nigeria generates N424.71 billion VAT in Q3 2020
The sectoral distribution of VAT data increased from N327.20 billion in the Second quarter of 2020 to N424.71 billion by ...
FG apologizes, says Self-Certification directive is not for everyone
The Federal Government has made clarifications concerning earlier announced Self-Certification Forms.
