FG ready to raise SSB Tax to 20%
The tax on sugar-sweetened beverages (SSB) will be raised from the current rate of 10 percent to 20 percent, the ...
Tag: Tax
FIRS set to be renamed NRS, Tax reduced from 52 to 10
The federal government has concluded plans to change the Federal Inland Revenue Service (FIRS) to Nigeria Revenue Service (NRS) so ...
FIRS announces N5.5trn Tax Revenue collected within 6 months
The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period ...
Tinubu signs 4 executive orders, defers date for Finance Act 2023
...suspends import tax, Green tax, and 5% tax on telecoms ...future tax is only after consultation - Presidency On Thursday, ...
Expert clears air on tax for market traders
...says traders with turnover of less than N25m exempted ... it's not a new tax, both traders and tax operators ...
40m Market Traders set to pay Tax as MATAN partners with FIRS
The Federal Inland Revenue Service, FIRS, announced the introduction of Value Added Tax (VAT) Direct Initiative, a scheme that would ...
Don’t impose higher taxes on gas, others, ICAN cautions FG
The Institute of Chartered Accountants of Nigeria (ICAN) has warned the Federal Government against imposing higher taxes on gas and ...
FG to make N124.2bn annually from income tax
The Federal Government is set to make about N124.26bn in a year from the imposition of a 0.5 per cent ...
FMCG: Nestle Nigeria, BUA Foods and Nigerian Breweries paid the most Income tax in Nigeria
According to data extracted from the Nigerian Exchange Group (NGX) shows Nestle Nigeria paid the highest income tax among Fast ...
Tax-to-GDP ratio rises to 10.8% – FIRS
Nigeria’s Federal Inland Revenue Service, FIRS, revealed that as of the end of 2021, Nigeria’s tax-to-GDP ratio grew to 10.86% ...
