Reps Invite Malami, Others As Controversy Emerges Over Tax Holidays

Bill

House of Reps committee on public accounts has called for an explanation on controversies of tax holiday. EKO HOT BLOG reports that the House of Representatives Committee on Public Accounts has invited the Ministry of Industry, Trade and Investments, Niyi Adebayo; Minister of Justice and Attorney-General of the Federation, Abubakar Malami (SAN); and the Federal … Read more

LIRS Urges Employers Of Labour To File Annual Tax Returns On Or Before January 31 Deadline

We have made the process simple, quick, secure and reliable for our esteemed taxpayers The steps to file are available on all our communication channels Taxpayers with difficulties filing are also welcome to seek assistance with specially designated staff at our tax stations You May Also Like: Lagos State Govt To Strengthen Cooperative Movement Renewal, … Read more

OGIRS To Focus On ICT Automation In Achieving 2021 Revenue Target

The Ogun State Internal Revenue Service (OGIRS), says it will focus more on Information and  Communication Technology (ICT), automated driven processes of all its various tax activities in order to achieve the N75billion revenue target in 2021. Mr. Anthony Olaleye, the Executive Chairman, OGIRS, made this submission while defending the agency’s 2021 budget proposal before … Read more

Minimum Wage Earners To be Exempted From Tax Payment – FG

The Federal Government has disclosed plans to exempt minimum wage earners from the payment of Personal Income Tax. President Muhammadu Buhari, who announced this on Monday, said the plan is one of the proposals in the 2020 Finance Bill pending before the National Assembly. Buhari, in a speech delivered virtually on his behalf by Vice … Read more

COVID-19: Lagos State Unveils More Tax Benefits For Businesses, Individuals

As a palliative measure to cushion the ravaging economic effect of the Coronavirus pandemic, the Lagos State Government has unveiled another tax incentive and relief for businesses and individuals domiciled in the State. This was made known to the public by the Lagos State Internal Revenue Service (LIRS) and signed by Ayodele Subair, its Executive … Read more

Covid-19: Niger State Government Reduces Tax Payments To Cushion Economic Impact

As part of measures to cushion the economic impact of the Coronavirus pandemic in the state, the Niger State Government has approved the reduction of Tax payment in the state. This was stated in a State wide Broadcast by the Secretary to the State Government, Alhaji Ibrahim Ahmed Matene on behalf of Governor Abubakar Sani … Read more

Digital Tax: US Threatens 100% Tariffs On French Goods

digital services tax

The United States on Monday threatened to impose tariffs of up to 100 percent on $2.4 billion in French goods in retaliation for a digital services tax it says is discriminatory. French sparkling wine, yogurt and Roquefort cheese are on the list of goods that could be targeted as soon as mid-January after a report … Read more