Tag: PAYE

The Value Added Tax Act (VATA or the Law), 2007 governs the administration of VAT in Nigeria. VAT is levied ...

New Update Subsequent to our recent tax alert on the ongoing tax amnesty, we have received further update from the FIRS regarding ...

Every "good thing" has a time line.

It is typical for companies in a particular year, to pay dividends out of retained earnings and/or current year profits. ...

The Pension Reform Act of 2014 allows Pension Fund Administrators (PFA's) to invest funds in companies listed in the Nigerian ...

Any contractor that is unable to present evidence of tax payment to the Federal Inland Revenue Service (FIRS) will henceforth ...

Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, disclosed yesterday that the Nigerian National Petroleum Corporation (NNPC) has ...

The Federal Government has said that 363,000 companies doing business in Nigeria have never paid tax. Minister of Finance, Mrs. ...

Chairman of the Federal Inland Revenue Service (FIRS) Babatunde Fowler on Monday, announced that the agency is targeting a revenue ...

The Chartered Institution of Taxation of Nigeria (CITN), has said that Nigerians should not expect the economy to grow as ...