Take It Back movement,the group which coordinated the presidential campaign of Omoyele Sowore, publisher of SaharaReporters, says plans by the federal government to increase value added tax (VAT) is cruel.
The post Sowore’s movement rejects plan to increase VAT appeared first on TheCable. …
Babatunde Fowler
FIRS: No plan to increase VAT to 50 percent
Proposed VAT increase to raise consumer prices, inflation
Nigerians may have to brace for the tough times declared by President Muhammadu Buhari, following the Federal Government’s proposed increase of Value Added Tax (VAT) by between 35 and 50 per cent.
The post Proposed VAT increase to raise consumer prices, inflation appeared first on The Guardian Nigeria News – Nigeria and World News. …
FIRS generates N23bn by ‘freezing’ accounts of 3,000 tax defaulters
The Federal Inland Revenue Service (FIRS) says it generated over N23 billion in unpaid taxes from the recently suspended restriction on the corporate bank accounts of tax defaulters. Babatunde Fowler, The post FIRS generates N23bn by ‘freezing’ accounts of 3,000 tax defaulters appeared first on TheCable.
Yachts, private jet owners to pay luxury tax from 2019
Nigeria’s Minister of Finance Zainab Ahmed has said that owners of yachts and private jets in the country will begin payment of luxury items from 2019. Why Catholic leaders don’t own private jets – Archbishop Addressing a press conference in Abuja on Monday, the minister said excise duties would be introduced in some areas while […]
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Why most SMEs cannot access funds – Ubiji, NASME boss
NASME is made up of micro, small and medium enterprises and also some governmental agencies as members. Ayo Alonge Eke Ubiji is the Executive Secretary of National Association of Small and Medium Enterprises (NASME) as well as the Chief Operating Officer of NASME Quality Assurance Limited, a subsidiary of NASME. In this interview, Ubiji x-rays […]
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Tax receipts now stand at N5tr – FIRS
The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has put the nation’s tax collections so far at N5 trillion, saying that the agency is at the verge of raking in N5.3 trillion at the end of the year. READ ALSO: Nigeria’s taxpayer population hits 33m –Fowler If the FIRS is able to achieve […]
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FIRS generates N4.3trn tax revenue from January to October – Fowler
The Federal Inland Revenue Service (FIRS) on Friday said it generated N4.3 trillion as tax revenue between January and October this year. FIRS Executive Chairman, Babatunde Fowler, disclosed this during the “Federal Inland Revenue Service Special Day” at the ongoing Lagos International Trade Fair held at Tafawa Balewa Square. Represented by Mrs Angel Fadahunsi, FIRS […] …
FIRS generates N4.3trn tax revenue from Jan to Oct — Fowler
NAN The Federal Inland Revenue Service (FIRS) on Friday said it generated N4.3 trillion as tax revenue between January and October this year. FIRS Executive Chairman, Babatunde Fowler, disclosed this during the “Federal Inland Revenue Service Special Day” at the ongoing Lagos International Trade Fair held at Tafawa Balewa Square. Represented by Mrs Angel Fadahunsi, […]
The post FIRS generates N4.3trn tax revenue from Jan to Oct — Fowler appeared first on The Sun Nigeria. …
Fowler urges developing countries to grow VAT, digital economy earnings
Chairman of the Federal Inland Revenue Service, Mr. Babatunde Fowler, has advised developing countries to grow Value Added Tax (VAT) and tax revenue from the digital economy to lessen dependence on revenue from natural resources. Fowler, who is also the First Vice Chairman of the United Nations International Committee of Tax Experts and Chairman, African […]
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