VISITs to include MDAs, NGOs, other corporate bodies… The Federal Inland Revenue Service (FIRS) has stated that it would embark on a nationwide Value Added Tax (VAT) and Withholding Tax (WHT) compliance exercise from July, 2022. This information is contained in a public notice announcing the compliance monitoring exercise, and …
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The Federal Inland Revenue Service (FIRS) has stated that it will commence the process of enforcement and recovery of unremitted tax deductions owed by some States and Local Governments in Nigeria. This decision is contained in a Public Notice, signed by its Executive Chairman, Muhammad Nami, where the tax authority …
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Finance Minister, Kemi Adeosun, said yesterday that more than half of Nigeria’s value added tax, VAT, comes from Lagos State alone. Kemi Adeosun Speaking at the parley between the Federal Government and Progressive Governors Forum, PGF, in Abuja, Adeosun said 87 percent of Nigeria’s VAT was derived from four states …
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In consonance with Section 82 of the Personal Income Tax Act (as amended), The Lagos State Internal Revenue Service (LIRS) wishes to formally notify the public of its intention to commence the prosecution of tax evaders and offenders in Lagos State beginning from April 1,2016. Under the Personal Income Tax …
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