The FIRS, in its response to the impact of COVID-19 in its operations, has launched business continuity plan and measures to ensure the safety of taxpayers.
The Federal Government (FG) ran a deficit budget of N1.14 trillion in Q4 2019 compared to the N479.62 billion recorded in Q3 of 2019.
Ben Akabueze, DG of federal budget office has said the proposed 7.5% VAT by FG will apply to businesses recording a high turnover of N25m and...
Folorunso Alaki has faulted FG's plan to increase VAT from its current 5% to 7.5%, saying the move is a threat to entrepreneurs across the country.
