Tax updates across Africa, simplified
It has come to light that 45% of Nigeria’s taxes as generated by the government in April and May of 2022 were used to settle a debt. According to the …
Forty-Five Percent of Nigeria’s Tax Revenue Goes Into Debt Servicing Read MoreThe Nigerian Government has forgiven N16.76tn in revenue to tax reliefs and concessions given to big companies between 2019 and 2021. According to the tax expenditure statement (TES) reports in …
Tax Waiver in Nigeria: Government Awards ₦16tn to Dangote, Honeywell, others Read MoreNigeria-Inflation is fast raising the concerns of different stakeholders in the economy. Two years after the Federal Government increased the Value-added tax (VAT) from 5% to 7.5%, Nigerian governors are …
Nigeria-Inflation: Governors Clamour for Increase in VAT Read More
The digitally inclined move will now require a 5-step approach to generating a digital reference that will enable payment of taxes through the e-tax platform. Taxpayers in Lagos-Nigeria are now …
Taxes, Others From MTN in 2021 Represents 35.8% of Nigeria’s Generated Revenue Read MoreTelecom tax in Nigeria is about to go up as the federal government of the West African nation is looking at introducing an additional 5% excise duty in telecommunication taxes. …
Telecom Tax in Nigeria: More Tax Looms as Minister Rejects 5% Excise Tax Read MoreThe Federal Inland Revenue Service (FIRS) has demanded that the ministries, departments, and agencies (MDAs) make a refund of over N1 trillion in taxes that they have generated on behalf …
Nigeria – FIRS demands N1tr tax remittance from MDAs Read More