Tax updates across Africa, simplified
The Federal Inland Revenue Service (FIRS) has commenced the trial of cryptocurrency exchange platform Binance over alleged tax evasion in Nigeria. Court Proceedings Begin On Monday, February 17th, 2025 FIRS …
Nigeria’s FIRS Moves Forward with Binance Tax Evasion Trial Read More
A legal battle has commenced over the application of Value Added Tax (VAT) on food sold in restaurants and hotels across Nigeria. Senior Advocate of Nigeria (SAN), Chief R.O. Balogun, …
Court Challenge Over VAT on Restaurant Food in Nigeria Read More
Kenya has announced that the new Income Tax Exemption Rules for Charitable Organisations have officially taken effect a year after they were first introduced. “The government notifies taxpayers of the …
Kenya Updates Tax Exemption Rules for Charitable Organisations Read More
Nigeria: House of Reps Advances Multiple Tax Reform Bills. The House of Representatives in Nigeria has passed for second reading four key tax reform bills aimed at overhauling Nigeria’s tax …
Nigeria: House of Reps Advances Multiple Tax Reform Bills Read More
The Egyptian Tax Authority, led by Rasha Abdel Aal, has reaffirmed the Finance Ministry’s commitment to introducing a series of tax incentives and streamlined procedures aimed at easing the burden …
Egyptian Parliament Approves Tax Incentives to Boost Business Confidence Read More
The South African rand weakened on Thursday as investors turned their focus to President Cyril Ramaphosa’s annual State of the Nation Address (SONA) for insights into the country’s economic and …
South African Rand Weakens as Markets Await Ramaphosa’s Economic Address Read More
The Ugandan government has presented the Income Tax (Amendment) Bill, 2025 to Parliament, proposing an extension of the tax exemption for the Bujagali Hydro Power Project until June 30, 2025. …
Uganda Government Seeks Tax Waiver Extension for Bujagali Hydro Power Read More
The Federal Inland Revenue Service (FIRS) has officially launched a new withholding tax system aimed at improving tax collection, ensuring compliance, and increasing government revenue. Enhancing Efficiency and Transparency In …
Nigeria: FIRS Introduces Withholding Tax System to Boost Compliance Read More
VAT on Auction Sales for Debt Recovery Now Mandatory in Kenya. In a pivotal decision, Kenya’s Tax Appeals Tribunal (TAT) has ruled that auction sales conducted for debt recovery purposes …
VAT on Auction Sales for Debt Recovery Now Mandatory in Kenya Read More
The Nigeria Extractive Industries Transparency Initiative (NEITI) has endorsed the proposed 2024 Tax Reform Bill, describing it as a critical step toward modernizing Nigeria’s tax framework and improving fiscal policy. …
NEITI Supports 2024 Tax Reform Bill to Modernize Nigeria’s Tax System Read More