Tax and Taxation

FIRS launches self-service stations to enhance voluntary tax compliance

THE Federal Inland Revenue Service (FIRS) has introduced “Self-Service Stations” to increase voluntary tax compliance. The "Self-Service Stations" would assist...

Lagos N800 transport levy scheme fails to kick off on February 1

IT was a bright Tuesday morning when The ICIR met Omogbolahon Ganiu at the Ojodu Berger park. He had...

Lagos suspends NURTW activities in Eyin Eyo, Church Street, Idumota

THE Lagos State government has suspended activities of the National Union of Road Transport Workers (NURTW) at the Eyin...

BUA MD sees sugar tax affecting factory productvity, margins

ACTING Managing Director of BUA Foods Ayodele Abioye has said that the imposition of sugar tax on companies could...
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In new Finance Act, FG increases education tax to 2.5%

THE Federal Government has increased education tax for tertiary institutions from two per cent to 2.5 per cent. This is...

Tax expert urges FG, states to dialogue VAT sharing formula

A TAX expert has urged Nigeria's Federal Government and states to dialogue a value added tax (VAT) sharing formula,...

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