The Truth About Salary Taxation in Nigeria – What You Need to Know
Taxes are deducted from salaries every month, but do you truly understand why? In the latest episode of The Nairametrics ...
Tag: TAX
news and stories about tax
NACCIMA urges Tinubu to slash corporate taxes to 19%, VAT to 7.5%
The National Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has called on President Bola Tinubu’s administration to ...
Allowing states to collect VAT will be ‘chaotic’ — Taiwo Oyedele
The Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, has cautioned that allowing state governments to collect Value Added ...
Tax: Presidency responds to Northern Governors’ rejection of proposed derivation model for VAT distribution
The Nigerian presidency has responded to the Northern Governors' Forum's rejection of the new derivation-based model for Value-Added Tax (VAT) ...
FG plans to progressively raise VAT rate to 15% – Report
The Federal government plans to steadily raise the rate for Value Added Tax (VAT) to 15% from the current 7.5%.
Tax reforms will not introduce new taxes or increase percentage of existing ones – FIRS
The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji has stated that the tax reforms being executed by ...
Tax: Speaker sets deadline for FIRS committee to eliminate double taxation on Nigerians
The Speaker of the House of Representatives, Rep. Tajudeen Abbas, has set a three-week deadline for the Committees on Finance ...
Nigeria truck drivers spend over N450,000 as levies to transport yam from north to south — Taiwo Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that a truck driver ...
NNPCL pays government N1.17 trillion in taxes and royalties in 2023
The Nigerian National Petroleum Company Ltd (NNPCL) incurred a total of N2.69 trillion as tax in the full year 2023.
Lagos plans to get N200 billion annually from taxing remote workers
The Lagos State government has unveiled an ambitious plan to generate N200 billion annually by expanding its income tax base ...
