Sunday, June 20, 2021

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Tax

COVID-19: Jigawa govt offers tax holiday to SMEs

The Jigawa Government has announced a one year tax holiday for all existing Small and Medium Scale Enterprises, SMEs, whose businesses suffered as a result of Coronavirus, COVID-19, pandemic in the state.

Kaduna govt goes after 4,000 private healthcare outfits over tax default

The Kaduna State Government has embarked on audit of over 4,000 private health establishments to ascertain their legality and tax compliance.

Senate receives Buhari’s request to amend 2019 Finance Act

The Senate on Tuesday received an executive bill from President Muhammadu Buhari to amend the Finance Act 2019 recently passed by the National Assembly.

N1.04 trillion Fine: Why we disagree with MTN — FIRS

MTN Nigeria has said it took the Federal Inland Revenue Service, FIRS, before the tax tribunal to seek clarification over its right to deduct...

Nigeria’s database of taxpayers hits 35m

The Joint Tax Board, JTB, says Nigeria’s database of taxpayers has expanded from 20 million to 35 million. The Executive Secretary of the Board, Oseni...

Buhari approves 2 Executive Orders, 5 Amendment Bills to reduce tax burden on Nigerians

The Federal Executive Council, FEC, has approved two Executive Orders and five Amendment Bills to the country’s tax policies aimed at reducing tax burden...

Osinbajo reveals number of Nigerians who pay taxes, indicates increment in millions

The Vice President noted that tax issues were not exciting to anyone but added that it was an argument on whether one should pay taxes or enjoy dividend of governance.

Berlusconi throws flat tax plan into election campaign

A promise of a flat tax by former prime minister Silvio Berlusconi Friday sparked sharp reactions from opponents ahead of a general election and...

Adeosun: Only 40 million Nigerians pay tax

The Minister of Finance, Kemi Adeosun has said out of 70 million taxable adults in Nigeria, only 40 million of them pay taxes. Mrs Adeosun made...

Tax defaulting MDAs, individuals to face prosecute, sanction in Plateau

The Plateau Revenue Task Force on Wednesday pledged to prosecute and sanction any tax defaulter, including corporate bodies, Ministries, Departments and Agencies, MDAs, in...

Nigerian gov’t uncovers 500 tax fraudsters

The Federal Government has obtained the names of 500 Nigerians implicated in various cases of tax fraud across the country. Laolu Akande, the Senior Special...

FAAC allocation increases as FG, states, LGs share N400billion

By Nazifi Haruna The Federation Account Allocation Committee, FAAC, on Friday distributed the sum of N400bn to federal, state and local governments as statutory allocation...

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