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To complement TaxProMax, FIRS Introduces “Self-Service Stations”
FIRS

To complement TaxProMax, FIRS Introduces “Self-Service Stations”

This innovation across FIRS’ offices nationwide will now enable the furtherance of all existing IT tax solution.

February 12, 2022February 12, 2022By Amosu Jeremiah1 min read
Blockchain Technology to the rescue of Tax Administration!
Feature

Blockchain Technology to the rescue of Tax Administration!

With the popularity of Bitcoins, blockchain technology is often connected with only cryptocurrency, little is known that this technology can do more, spanning across the health, financial, gaming, and even taxation sectors not leaving out other critical sectors of human development.

January 14, 2022January 30, 2022By Amosu Jeremiah5 mins read
Centre for the Promotion of Private Enterprise Wants TAT 50% Payment Reviewed
FIRS

Centre for the Promotion of Private Enterprise Wants TAT 50% Payment Reviewed

The group regards the 50% rule as contrary to the principle of natural justice, preventing fair hearing

December 23, 2021December 23, 2021By Amosu Jeremiah2 mins read
Tax Credit Scheme Yields More Fruits as NNPC Presents ₦612 Billion for Construction of 21 Roads Nationwide
Company Income Tax, General

Tax Credit Scheme Yields More Fruits as NNPC Presents ₦612 Billion for Construction of 21 Roads Nationwide

21 roads Nationwide will be constructed using ₦612 billion from NNPC for a return of a tax credit issued by the FIRS.

December 22, 2021December 22, 2021By Amosu Jeremiah3 mins read
Contrary to Nigeria’s Acceptance, Fight Broke Out In Ghana Parliament Over Tax on Electronic Transactions
VAT

Contrary to Nigeria’s Acceptance, Fight Broke Out In Ghana Parliament Over Tax on Electronic Transactions

Members of the Ghanaian parliament go physical as the opposition resisted an attempt to pass an unpopular tax on mobile money and electronic financial payments.

December 22, 2021December 22, 2021By Amosu Jeremiah2 mins read
FIRS Indicted of Violating Extant Rules, Fraudulent Payment, See Full Allegation
FIRS

FIRS Indicted of Violating Extant Rules, Fraudulent Payment, See Full Allegation

The Office of the Auditor-General is Frowning at how the Federal Revenue Inland Service has appropriated funds for its day-to-day operation.

December 20, 2021December 20, 2021By Amosu Jeremiah4 mins read
Facebook Gives Guide on VAT Application
VAT

Facebook Gives Guide on VAT Application

Facebook has issued a step by step procedure on how advertisers can adapt to the 7.5% VAT regime announced recently

December 17, 2021December 17, 2021By Amosu Jeremiah3 mins read
See Provisions of Finance Bill 2021 Responsible for Clash Between RMAFC and FIRS
FIRS, General

See Provisions of Finance Bill 2021 Responsible for Clash Between RMAFC and FIRS

Since its December 7th transmission to the National Assembly by President Buhari, the Finance Bill 2021has been making the rounds, especially with its many novel provisions.

December 14, 2021December 14, 2021By Amosu Jeremiah3 mins read
Finance Bill 2021: TIN May be Compulsory for All Bank Account Holders
General

Finance Bill 2021: TIN May be Compulsory for All Bank Account Holders

Amongst other changes, the new Finance Bill 2021 proposes compulsory TIN for all account holders.

December 9, 2021December 9, 2021By Amosu Jeremiah3 mins read
What You Should Know About New Finance Bill 2021
General

What You Should Know About New Finance Bill 2021

The current administration has since 2019 submitted a Finance Bill to the National Assembly as furtherance to its budgetary provision.

December 8, 2021December 8, 2021By Amosu Jeremiah2 mins read

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