Browsing Category
Tax
81 posts
FG exempts SMEs, farmers, manufacturers from paying withholding tax
By Stanley Onyeka, Lagos The Federal Government yesterday approved the exemption of small businesses, manufacturers and farmers from…
‘Circular economy, viable alternative to FG green taxation model’
The Nigeria Climate Innovation Center (NCIC) is advocating a shift towards a circular economy as a more viable…
Shell Nigeria, partners paid NDDC $142m in 2023
By Stanley Onyeka, Lagos The Shell Petroleum Development of Nigeria Ltd. (SPDC), and Shell Nigeria Exploration and Production…
ASUU demands stiffer penalties for tax evaders
The Academic Staff Union of Universities (ASUU) has called for stiffer penalties for tax evaders in the country.…
CBN withdraws circular on 0.5% cybersecurity levy
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) has announced the withdrawal of its circular directing banks and…
SERAP, BudgIT, others sue CBN over cybersecurity levy
By Stanley Onyeka, Lagos The Socio-Economic Rights and Accountability Project (SERAP), BudgIT, and 136 other individuals have sued…
95% of informal sector should be exempted from paying taxes, says Taiwo Oyedele
The federal government is working on a system that will provide tax relief to 95 per cent of…
Sugar-sweetened beverages tax will reduce excessive consumption, diseases: FG
The federal government has described sugar-sweetened beverages (SSBs) tax as the most effective way of reducing excessive consumption…
FIRS suspends implementation of VAT guidelines
By Stanley Onyeka The Federal Inland Revenue Service (FIRS) has announced the postponement of the implementation guidelines for…
FIRS offers waiver for unpaid tax penalties, interests
The Federal Inland Revenue Service (FIRS) has approved amnesty on penalties and interests for outstanding tax liabilities. The…