FG’s VAIDS only achieved 10% success with huge cost—Fasua
Fresh insights have emerged on the failure of the Federal Government’s success target on Voluntary Assets and Income Declaration Scheme (VAIDS), one of the measures instituted by Muhammadu Buhari administration to improve tax collection. It was brought in via executive…
Create favourable tax policies for SMEs—Elumelu tells FG
Leading Africapitalism crusader and chairman of United Bank for Africa (UBA), Tony Elumelu has called on the Federal and State government to create favourable tax policies and regime for Small and Medium Enterprises (SMEs) so that startups can grow to…
Is Lagos getting equivalent of its 70% contribution to Nigeria’s tax revenue?
The recent revelation coming from the summit of the Society of Women in Taxation (SWIT) that 70 per cent of the N5.2 trillion taxes collected in 2018 came from Lagos State alone, has continued to raise questions on a number…
CITN wins relevance war at FIRS, gets nod for rejection of unstamped returns
Strong indication emerged Thursday suggesting that an age-long struggle for professional relevance by the Chartered Institute of Taxation of Nigeria (CITN) as the Federal Inland Revenue Service (FIRS), has agreed that it will no longer accept tax returns without the…
