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Federal Inland Revenue Service (FIRS)

FIRS extends deadline for filing Company Income Tax returns

COMPANIES that were unable to file their income tax (CIT) returns for the 2023 year of assessment (YOA), which...

Nigeria’s tax-to-GDP ratio rose to 10.86% in 2021 – FIRS

THE Federal Inland Revenue Service (FIRS) said Nigeria’s tax-to-gross domestic product (GDP) ratio, which hovered between 5 and 6...
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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...

NIPOST reclaims collection of stamp duty charges from FIRS

THE Nigeria Postal Service (NIPOST) has reclaimed the collection of stamp duty charges from the Federal Inland Revenue Service...
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How FIRS plans to meet N5.9trn revenue projection in 2021

THE Federal Inland Revenue Service (FIRS) has pegged 5.9 trillion naira as its revenue projection for 2021.Mohammed Nami, FIRS chairman,...

Illicit Financial Flow: ICPC to go after Civil servants with huge properties beyond their incomes

THE Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Thursday announced it will beam its searchlight on...
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