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Nigeria considers new 5 tax for online purchasesNigeria considers new 5 tax for online purchases

Nigeria considers new 5 tax for online purchases

Nigeria » Lagos

The Federal Inland Revenue Service (FIRS) may, from next year, ask banks to charge customers five per cent Value Added Tax for online purchases when using bank cards, its Chairman, Tunde Fowler, has said. Mr Fowler, who gave the hint in an interview with newsmen in his office in Abuja, also said the federal government was yet to take a decision on whether to increase VAT or not.Read more: https://innerkonsult.com/nigeria-considers-new-5-tax-for-online-purchases/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com

date: 19 Aug 2019 - 19 Aug 2020

Mind Your Tax Affairs: Withholding Tax (WHT)Mind Your Tax Affairs: Withholding Tax (WHT)

Mind Your Tax Affairs: Withholding Tax (WHT)

Nigeria » Lagos

Withholding tax is an advance payment of income tax – Companies Income Tax (CIT) and Personal Income Tax (PIT). Withholding tax is deducted at source when payments are made to companies or individuals. Tax withheld from payments to a company or an individual is a tax credit or withholding tax credit, which is used to reduce the tax liability of a company or an individual when the final tax liability is determined.read more: https://innerkonsult.com/mind-your-tax-affairs-withholding-tax-wht/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O803846003...

date: 19 Aug 2019 - 19 Aug 2020

Plateau IRS Recovers N2.5bn Out Of N19bn Tax Liabilities Of Federal Agencies In The S...Plateau IRS Recovers N2.5bn Out Of N19bn Tax Liabilities Of Federal Agencies In The S...

Plateau IRS Recovers N2.5bn Out Of N19bn Tax Liabilities Of Federal Agencies In The S...

Nigeria » Lagos

Plateau state Internal Revenue Service has announced that it has recovered from the Federal Ministries, Departments and Agencies (MDAs) outstanding Tax Liabilities through the joint collaborating efforts of joint tax board to the tune of N2.6 billion being part payment of their tax liabilities to the state.Read more: https://innerkonsult.com/plateau-irs-recovers-n2-5bn-out-of-n19bn-tax-liabilities-of-federal-agencies-in-the-state/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com

date: 19 Aug 2019 - 19 Aug 2020

MTNN Drags FIRS To Tribunal, Says N1.7tr Tax Paid Since 2001MTNN Drags FIRS To Tribunal, Says N1.7tr Tax Paid Since 2001

MTNN Drags FIRS To Tribunal, Says N1.7tr Tax Paid Since 2001

Nigeria » Lagos

The board of telecommunications giant- MTN Nigeria Communications Plc, on Friday, hinted the Nigerian Stock Exchange (NSE) of its pending “technical disagreement” with the Federal Inland Revenue Service (FIRS) on whether it ought to pay corporate tax on a N330bn (about $1.1bn) fine.Read more: https://innerkonsult.com/mtnn-drags-firs-to-tribunal-says-n1-7tr-tax-paid-since-2001/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com

date: 19 Aug 2019 - 19 Aug 2020

Oyo will not Increase Tax to Improve IGR, Says Revenue Board ChairmanOyo will not Increase Tax to Improve IGR, Says Revenue Board Chairman

Oyo will not Increase Tax to Improve IGR, Says Revenue Board Chairman

Nigeria » Lagos

The Oyo State government has expressed its determination not to increase tax on small and medium scale enterprises (SMEs) in its drive to increase its revenue base.read more: https://innerkonsult.com/oyo-will-not-increase-tax-to-improve-igr-says-revenue-board-chairman/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com

date: 19 Aug 2019 - 19 Aug 2020