By Matthew Denis Abuja The effluxion of the amnesty provided by the Voluntary Assets and Income Declaration Scheme (VAIDS) set up by the Federal Government of Nigeria through the Federal Ministry of Finance, the Joint Tax Board (JTB) in collaboration…
The filing of Companies Income Tax Returns for the 2022 Year of Assessment, due on 30th June 2022, has been extended to 31st August 2022, for companies who were unable to meet up with the deadline as at the end…
The filing of Companies Income Tax Returns for the 2022 Year of Assessment, due on 30th June 2022, has been extended to 31st August 2022, for companies who were unable to meet up with the deadline as at the end…
Ogun auto crash leaves one dead, 10 injured The Federal Road Safety Corps (FRSC), Ogun State, said one person died while 10 others sustained injuries in an accident at Kobape on the Abeokuta-Sagamu expressway on Sunday. The FRSC Sector Commander…
The Benue Board of Internal Revenue Service (BIRS) has partnered the Federal Inland Revenue Service (FIRS) on revenue mobilisation in the state. The Executive Chairman, BIRS, Mrs Mimi Adzape-Orubibi and Mr Bulus Rimamskep, FIRS Controller in Benue, embarked on a…
Visits to include MDAs, NGOs, other corporate bodies… The Federal Inland Revenue Service (FIRS) has stated that it would embark on a nationwide Value Added Tax (VAT) and Withholding Tax (WHT) compliance exercise from July, 2022. This information is contained…
By Matthew Denis Abuja The Federal Inland Revenue Service (FIRS) has stated that it will commence the process of enforcement and recovery of unremitted tax deductions owed by some States and Local Governments in Nigeria. This decision is contained in…
The Federal Inland Revenue Service (FIRS) on behalf of the Federal Government of Nigeria generated a sum of N532.48 billion from Company Income Tax (CIT) in the first quarter of 2022, an increase of 35.6 per cent compared to Q1…
The Federal Inland Revenue Service (FIRS), has recommended tax compliance as prerequisite for clearing aspirants to contest for elective positions. The Executive Chairman of FIRS and Chairman, Joint Tax Board (JTB) Muhammad Nami made the recommendation at a meeting with…
Nigeria’s cautious approach to the endorsement of the Organization for Economic Cooperation and Development (OECD)/ G20 Inclusive Framework two-pillar solution to the taxation of the digital economy is in the best interest of the country, and to ensure that Nigeria…
