FG Removes VAT On Residential Properties, Modifies Income Tax Law
The federal executive council has approved two executive orders and five amendment bills to remove value-added tax…
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Browsing Tag
vaids
Delay In Budget Passage May Have Negative Effect On Economy – Adeosun
The Minister of Finance, Mrs Kemi Adeosun, said the delay in passage of the 2018 budget would have some impact on…
Buhari Extends Amnesty For Tax Evaders Till June 30
President Muhammadu Buhari has approved the extension of the Voluntary Assets and Income Declaration…
Lagos State And The Politics Of Taxation
The government of Lagos state seems to be currently in the eye of the storm over its introduction of a law, a…
Lagos Land Use Act Not In Tandem With Democratic Ideals – LCCI
Sanctions to defaulters under the reviewed land use charge (LUC) of Lagos are too severe and not in tandem with…
Additional 130, 000 Taxpayers Shortchanging FG
The Minister of Finance, Kemi Adeosun, says the ministry has discovered a new set of 130,000 people who underpaid…
FG To ‘Name, Shame, Prosecute’ Tax Evaders From April – Adeosun
The Federal Government says it will name and prosecute all tax evaders when the Voluntary Assets and Income…
Panic Grips Nigerians With Property In UK Over New VAIDS Law
Nigerians, who own properties in the United Kingdom, have inundated the Federal Ministry of Finance’s Voluntary…
Banks To Report Tax Defaulters To FG
Deposit Money Banks in the country are rolling out plans that will see them share data of wealthy customers and…
Nigeria’s Debt Service Ratio Drops From 66% To 45%
Nigeria’s Finance Minister, Mrs. Kemi Adeosun, has confirmed the decline in the nation’s debt-service-to-revenue…