Presidential Tax Committee Pushes For 10% VAT
Consumers of goods and services are in for more challenging times in the coming days as the Presidential Fiscal Policy ...
Tag: Tax
Tinubu’s Tax C’ttee Proposes VAT Increase By 2.5%
The Presidential Fiscal Policy and Tax Reforms Committee, chaired by Taiwo Oyedele, has announced plans to propose a law to ...
Presidential C’ttee Proposes Tax Removal On Food, Housing, Transport
The Chairman of the Presidential Committee on Fiscal Policy, Taiwo Oyedele, has announced a proposal to the federal government to ...
Need For Tax Breaks, Moratorium To Lessen Inflation Impact On SMEs
As small businesses inch towards bankruptcy due to high operating cost and unfriendly business environment, economists and policy experts have ...
Bank Directors Ask NASS To Revisit 70% Windfall Tax
Directors of banks in the country have urged the National Assembly to revisit the 70 per cent windfall tax imposed ...
Lagos To Launch Online Tax Portal August 15
The Lagos State Government has announced the launch of its new online tax platform, the Lagos Revenue Portal (LRP) ...
Windfall Tax Will Hamper Banks’ Capital Raising –Rating Agency
As banks race to raise enough funds to meet the new capital requirement, the new windfall tax being introduced by ...
CAC Issues 90-day Deadline For 91,000 Dormant Firms To File Annual Tax Returns
The Corporate Affairs Commission (CAC) has given over 91,000 dormant companies a 90-day grace period to file all their outstanding ...
FG Exempts Farmers, Manufacturers, MSMEs From Withholding Tax
The federal government has approved a new tax regime that exempts manufacturers and producers such as farmers and small businesses ...
Firms’ Income Tax Drops 12% Amid Declining Profit
Company Income Tax (CIT) paid by local and foreign companies in Nigeria declined by 12 per cent in the first ...