Business Hilights

Tracking Nigeria's Headline Business News Online

Voluntary Assets and Income Declaration Scheme (VAIDS)

FIRS, JTB deepen move to cage high-income earners, 12 states sign VAIDS

The federal government has stepped up its drive to capture several Nigerian high income earners who had been evading taxes as the Joint Tax Board (JTB) and the Federal Inland Revenue Service (FIRS) have started sharing data of high net…

Osinbajo signs another Order on tax evasion, offers 9 months grace period to evaders

The federal government on Thursday, gave more bite to its ongoing crusade to deepen tax compliance and inclusion of more citizens both corporate and individuals into the shallow tax basket. Currently, only 214 Nigerians pay taxes of about N20m annually…