The Federal Inland Revenue Service (FIRS) has announced that taxpayers can now get their Tax Clearance Certificate in a single click via its flagship Taxpro Max solution. The TaxPro Max, a tax administration solution introduced by the apex tax authority in June 2021 is a one-stop-shop for taxpayer registration, tax returns filing, tax payment, tax […]
The Centre for the Promotion of Private Enterprise (CPPE) has expressed serious concern about what it described the rushed passage of the 2022 Finance Bill by the National Assembly, noting that the process calls to question the representation role of the Assembly. A statement signed by the Chief Executive Officer (CEO) of the private sector […]
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, board members, management and staff of the Service on Thursday extolled two members of the management team for receiving global awards in tax and technology. The winners are the FIRS’ Group Lead Special Tax Operations Group, Mr. Mathew Olusanya Gbonjubola, is listed among […]
The National Bureau of Statistics (NBS) on Monday reported that Federal Government raked in N810.19 billion from Company Income Tax (CIT) in the third quarter (Q3) of this year. The Bureau, in its CIT Report for the Third Quarter 2022, disclosed that the accruals in the quarter represented a growth rate of 13.41% on a […]
A former Chairman of the Federal Inland Revenue Board (FIRS), Mrs. Ifueko Omoigui-Okauru, at the weekend urged Nigerian youths to be committed to career-fulfilment initiatives to guarantee them a good future and enable them to positively affect their environment. The foremost tax administrator gave the charge to the youths on Saturday at her 60th birthday […]
Anambra State Governor, Prof. Chukwuma Soludo, on Tuesday signed the state’s 2023 Appropriation Bill of N259 billion titled ‘Budget of Acceleration’ into law. In his remarks after the signing the Appropriation Bill Budget of Acceleration at the Governor’s Lodge in Awka, Soludo explained that the 2023 budget was premised on five pillars, namely Security, Law […]
The Federal Inland Revenue Service (FIRS) has approved a one-off waiver of all outstanding interests and penalties imposed by TaxPro Max on liabilities emanating from monitoring, desk review, tax audit, and tax investigation exercises until the end of this year In a statement signed by its Executive Chairman, Muhammad Nami, the Service advised taxpayers to take advantage […]
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has flawed the current global tax rules for largely favouring the developed countries and canvassed the urgent need for review of most of the rules in order to ensure fairness in the international tax order and enable the developing countries, the major revenue sources, […]
The Executive Chairman of the Lagos State Internal Revenue Service (LIRS), Mr Ayodele Subair has been conferred with the ‘Most Innovative CEO of The Year Award 2022’ by the New Telegraph newspapers. The New Telegraph Newspapers, organizers of the award explained that Subair was honoured for his landmark strides since he became the LIRS Executive […]
The Federation Account Allocation Committee (FAAC), at the end of its Wednesday meeting held in Abuja disclosed that it distributed a total sum of N736.782 billion to the three tiers of government as allocation from the federation account in for the month of October. The committee disclosed that out of this amount generated from Gross […]