Tax updates across Africa, simplified
The Nigeria Customs Service (NCS) has announced a tax exemption for key raw materials used in the production of healthcare products, removing both import duties and Value Added Tax (VAT) …
Nigeria Grants Tax Relief on Healthcare Raw Materials to Lower Costs Read More
The Nigerian House of Representatives has approved four major tax reform bills, marking a significant step toward overhauling the country’s tax administration. The bills successfully passed their third reading on …
House of Reps In Nigeria Approves Tax Reform Bills Read More
Nigeria Moves to Boost Tax Compliance with New e-Invoice System. The Federal Inland Revenue Service (FIRS) has reaffirmed its commitment to increasing Nigeria’s tax-to-Gross Domestic Product (GDP) ratio through enhanced …
Nigeria Moves to Boost Tax Compliance with New e-Invoice System Read More
The Borno State Government has announced a two-year tax waiver for traders who suffered losses due to the devastating floods of September 2024 and the fire outbreak at Maiduguri’s Monday …
Nigeria: Borno State Grants Two-Year Tax Relief to Traders Affected by Floods, Fire Read More
To enhance revenue collection and financial transparency, the Nigerian government has launched the Treasury Management and Revenue Assurance System (TMRAS). This platform replaces the existing Remita system for managing payments, …
Nigeria Launches TMRAS to Boost Tax Compliance & Revenue Collection Read More
The Federal Capital Territory Internal Revenue Service (FCT-IRS) in Abuja, Nigeria, has announced plans to set up tax service kiosks across major markets and plazas within the city and its …
Abuja in Nigeria to Get Tax Service Kiosks in Markets and Plazas Read More
Nigeria: Chambers of Commerce Warns Against Taxation of Free Trade Zones. The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has raised concerns over the federal government’s …
Nigeria: Chambers of Commerce Warns Against Taxation of Free Trade Zones Read More
Nigeria is set to unlock the potential of its $257 billion non-associated gas (NAG) reserves through a series of tax incentives outlined in the proposed Nigeria Tax Bill 2024. With …
Nigeria to Leverage Tax Incentives for $257 Billion Gas Reserves 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
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