Tag
TAX
news and stories about tax
Manufacturing, ICT and banking sectors led others as the top three sectors that accounted for 56.3% of the total tax payment in the period under review
In the second quarter of 2023, Nigeria's Value Added Tax (VAT) collections continued their upward trajectory, reaching a total of N781.35 billion according to the latest data by the National Bureau of Statistics (NBS).
After settling in Canada, the last thing you want to do is to spend so much on taxes especially when there are savings plans with tax benefits. Several plans offer tax benefits that you can take advantage of.
The Central Bank of Nigeria (CBN) on Monday removed primary mortgage banks and microfinance banks from its cash withdrawal limit policy.
Nigeria and five other countries are prime candidates for the implementation of carbon taxes, according to the World Bank.
Dr. Yemi Kale, Chief Economist at KPMG Nigeria and former Chief of the National Bureau of Statistics (NBS), has raised concerns about the potential negative impact of additional taxation on household expenditure and private business expansion.
Nigeria has 41 million tax papers according to the Federal Inland Revenue Service (FIRS)
The Federal Government has introduced new set of taxes on alcoholic beverages, imported vehicles and single use plastics in its new tax regime.
The taxes will be deducted at transaction points through the Sentinal National Payment Gateway
The Federal Government of Nigeria has unveiled strategies to bolster tax revenue for the 2023 fiscal year.
A tax expert has warned that the continuous introduction of new taxes without considering the poor may create a social problem for the Nigerian government.
The Joint Tax Board (JTB) says it is working with political parties and other stakeholders to ensure tax compliance by political office holders.