Tag: tax

New Tax Law: Business Owners, Others Devise ‘Misleading’ Techniques On Bank Transfers To Evade Taxes

Nigerians and indeed many middle-level business owners are currently at their wits end to evade taxes on the…

Senators Ndume, Sani Differ As Controversy Over Reform Tax Bill Rages

President Tinubu transmitted Tax Reform Bill to NASS NASS Adjourns Plenary Till November 19, As Controversy Continues To…

Buhari directs FIRS to enforce compliance with tax payment

President Muhammadu Buhari on Thursday directed the Federal Inland Revenue Services (FIRS) and related government agencies to plug…

FIRS rakes N4.9trn in 2020

The Federal Inland Revenue Service (FIRS) says it collected N4,952,243,711,728.37 as tax revenue in the 2020 fiscal year.…

Boko Haram no longer collecting tax from citizens, says Lai Mohammed

Minister of Information, Lai Mohammed has stated that citizens in the north-east are no longer paying tax to…

Prince Harry ‘faces huge tax bill unless he takes break from £11m mansion’ he owns with Meghan Markle

British Royal, Prince Harry will have to pay a huge tax bill unless he "takes a break" from…

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Lagos govt sends Laycon ‘Tax reminder’ after winning N85m from BBNaija 2020, invites him to forum

Lagos State Internal Revenue Service, LIRS, has reached out to Big Brother Naija 2020 winner, Laycon, on Monday…

FG begs Nigerians over misleading tweets on registration for account holders

The Federal Government of Nigeria has appealed to Nigerians for its tweets on the self certification procedure released…

Union Bank sealed in Ekiti over failure to pay tax

Ekiti State High Court sitting in Ado-Ekiti, the State capital has ordered the sealing of of Union Bank…

FIRS generates N3bn from Stamp Duty weekly

The Federal Inland Revenue Service (FIRS) generates about N3 billion from stamp duty weekly. The Executive Chairman of…

We’ll prosecute Nigerians evading tax on foreign properties, AGF Abubakar Malami announces

The Attorney-General of the Federation, Abubakar Malami (AGF) has announced that the federal government will henceforth prosecute anyone found…

A Simple Guide to Bitcoin Tax Rate

What is Bitcoin Tax Rate? The idea of Bitcoin and cryptocurrencies, in general, has always been nebulous to…