Tag: Tax
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Governors meet over tax reform, others
The 36 state governors, under the aegis of the Nigeria Governors’ Forum (NGF), are meeting in Abuja to discuss tax reform and other national issues.
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Rep raises concerns over tax reform bill
Rep. Ahmed Jaha (APC–Borno) has raised concerns about certain provisions in the Tax Reform Bill that need to be addressed before it becomes law.
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Enugu govt expands tax net to capture all tax payers
Governor Peter Mbah of Enugu State says his administration is working to expand its tax net to include residents who have not been paying taxes.
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Tax reform bill -TUC wants VAT rate at 7.5%
The Trade Union Congress has advocated that the Value Added Tax rate remains at 7.5 per cent as any increase will place additional financial burden on Nigerians.
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How Trump’s new tax service will affect Nigeria – Tinubu’s reforms expert
Taiwo Oyedele, Chairman of the Presidential Committee set up by President Bola Tinubu on Fiscal Policy and Tax Reforms has expressed concern on plans by President Donald Trump to establish an external revenue service.
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Kwara revenue service goes all out against tax defaulters
Kwara State Internal Revenue Service (KW-IRS) on Wednesday reiterated the importance of tax to economic and infrastructural development, warning that defaulters could no longer hide in the state.
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FCT-IRS announces deadline for tax returns
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has urged private companies, government’s Ministries, Departments and Agencies (MDAs) and other employers of labour in the territory to file their employee annual tax returns for 2024.
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NLC told to sensitise members on tax reform bill
A Professor of Accounting and Financial Development, Prof. Godwin Oyedokun, has urged the Nigeria Labour Congress (NLC) to ensure its members understand the basics of the Tax Reform Bill.
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Banks’ excess profits tax: Cause-related marketing to the rescue? – By Magnus Onyibe
In response to the Central Bank of Nigeria’s (CBN) proposal for a 70% tax on the excessive profits banks made from naira devaluation in 2023—profits which increased by at least 51% due to President Bola Tinubu’s economic reforms—there has been a noticeable rise in banks’ philanthropic activities.
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Kogi govt makes tax clearance compulsory for admission into schools
The Kogi State Government has declared that the presentation of parents’ Tax Clearance Certificate (TCC), is a mandatory condition for admission into tertiary institutions.