FIRS failure to deepen tax net fuelled new Finance Law—NECA
Endless reactions have continued to trail Monday’s presidential assent to the passed Finance Bill as experts continue to throw up issues arising from the new tax reform law. Already, the Director-General, Nigeria Employers’ Consultative Association (NECA), Mr Timothy Olawale had…
New FIRS boss gets Senate nod as agency gives 7-day notice to tax defaulters
It was an easy ride at the Senate Chambers on Wednesday, as President Muhammadu Buhari’s new nominee for replacement of the chairman of Federal Inland Revenue Service (FIRS), Mr Muhammad Nami, got the nod to head the federal agency without…
Anxiety as new FG’s economic recovery plan jerks up VAT from 5 to 15%, other
The acceptability of the Economic Recovery Plan (ERP) of the federal government is likely going to depend on the public perception of the hike in Value Added tax (VAT) which it moved from current five per cent to 15 per…
