In an exclusive interview with Channels Television, Chairman of the Presidential Tax and Fiscal Policy Reform, Taiwo Oyedele, has revealed a groundbreaking proposal to train area boys as tax officers and pay them decent salaries, aiming to transform tax collection and alleviate the burden on...
Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has revealed that Nigeria currently has over 60 different forms of taxes and levies, many of which disproportionately burden the poor in society. Oyedele made these remarks during an appearance on the...
The Finance Bill 2019 is set for the signature of President Muhammadu Buhari after the two versions passd by both Chambers of the National Assembly was harmonised by the Conference Committee for the Bill.
The Finance Bill 2019 is an amendment bill submitted by President Buhari alongside the...
In continuation from the first series, BusinessDay met with Femi Fashina, a senior tax officer at Lagos Inland Revenue Service (LIRS).
Fashina takes us through a step-by-step approach to calculating Personal Income Tax.
What is Personal Income Tax (PIT)? Personal Income Tax is an amount...
Data from the National Bureau of Statistics reveals Nigeria collected a total of N972 billion in Value Added Tax for the year ended December 2017. This is 25% higher than the N777.5 billion collected in 2016. Nigeria collected N759.4 billion in VAT in 2015.
Read more via Nairametrics –...
Taxes, like they say is a constant thing in life along with rain. Tax is a statutory obligation of every citizen and businesses in a country and as such is a major determinant in deciding the profitability or sustainability of businesses and an individuals net-worth.
Read more via...
Honourable Minister of Finance, Mrs. Kemi Adeosun, has advised tax payers to demand for a written notice when they receive phone calls from tax officials.
Read more via TODAY.NG – http://ift.tt/2CXEa7X
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The Chairman of Federal Inland Revenue (FIRS), Mr. Tunde Fowler, wednesday warned tax avoiders that there is no hiding place for them when the Voluntary Assets and Income Declaration Scheme (VAIDS). Fowler’s warning was contained in a keynote address at a workshop for professionals advising...
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