Ghana begins 9% hike in communication tax as Bill passes 1st reading in Nigeria
Official hike from 6% to 9% in Ghanaian Communication Service Tax (CST) levied on all telecoms subscribers’ took effect from October first this year. The increase stemmed from the mid-year review and supplementary budget presented to Parliament by Mr Ken…
With structures in place, we expect 45m Nigerians in tax net by July—FIRS
The Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, has revealed that all things being equal, Nigerians that regularly fulfill their tax obligations to the Federal Government will hit about 45 million before the end of July. In…
FIRS plans tax remittance soft landing for airlines to remain afloat
As part of new moves to save the ailing aviation sector from suffocations caused by tax related challenges, the Federal Inland Revenue Service (FIRS) has proposed a flexible tax payment regime that will meet their Value Added Tax (VAT) remittance…
FIRS: Comparative analysis shows ups, downs in different taxes in Q1 2016, ‘17
Just as the Federal Inland Revenue Service (FIRS), has disclosed that it generated N778.19 billion revenue in the first quarter (Q1) of 2017, deeper review of the earnings indicates no straight flow of increments amongst different kinds of taxes collected…
FG creates Community Tax Liaison Officers to raise tax awareness among citizens
…To recruit 7,500 graduates as tax advocates To drive tax education and seamless compliance amongst Nigerians, the Federal Government has concluded new plans to recruit 7,500 graduates as Community Tax Liaison Officers (CTLO) to raise tax awareness among citizens. Details…
