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Jay Jay Okocha settles tax problems with Lagos IRS Jay Jay Okocha settles tax problems with Lagos IRS

Jay Jay Okocha settles tax problems with Lagos IRS

auditions / castings
Nigeria » Lagos

Former Super Eagles’ playmaker, Augustine Jay Jay Okocha, accused by Lagos State Government of income tax evasion has finally settled with the Lagos taxman. A Lagos State Prosecutor, Mrs Y. A. Pitan, told an Igbosere High Court on Wednesday in Lagos that the Lagos Internal Revenue Service informed it that Okocha visited its office and reconciled his accounts. Pitan then prayed the court for an adjournment to enable her file a notice of discontinuance of the charge preferred against him. Read more: https://innerkonsult.com/jay-jay-okocha-settles-tax-problems-with-lagos-irs/Cont...

date: 26 Nov 2019 - 26 Nov 2020

30,000 Kaduna firms fail to pay taxes 30,000 Kaduna firms fail to pay taxes

30,000 Kaduna firms fail to pay taxes

auditions / castings
Nigeria » Lagos

The chairman, Kaduna State Internal Revenue Services, Zaid Abubakar, has said more than 30,000 companies in the state do not pay their taxes. He said this on Tuesday in Kaduna when a civil society organisation, Tax Justice and Governance Platform, paid him a courtesy visit. Read more: https://innerkonsult.com/30000-kaduna-firms-fail-to-pay-taxes/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com

date: 26 Nov 2019 - 26 Nov 2020

This is nothing but a budget of taxation Abaribe This is nothing but a budget of taxation Abaribe

This is nothing but a budget of taxation Abaribe

auditions / castings
Nigeria » Lagos

The senator representing Abia-South Senatorial District of Abia State in the Senate, Enyinnaya Abaribe, has described the 2020 budget as “nothing but a budget of taxation.” The senator added that the budget is not “sustainable.” President Muhammadu Buhari presented the 2020 Appropriation Bill to the joint sitting of the National Assembly on Tuesday. He had christened it ‘Budget of Sustaining Growth and Job Creation.’ Read more: https://innerkonsult.com/this-is-nothing-but-a-budget-of-taxation-abaribe/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Serv...

date: 26 Nov 2019 - 26 Nov 2020

Tollgate: Regressive tax burden on motorists Tollgate: Regressive tax burden on motorists

Tollgate: Regressive tax burden on motorists

auditions / castings
Nigeria » Lagos

We have concluded their designs, what they will look like, what materials they will be built with, and what new considerations must go into them”. The minister is right on the law, in the sense that the decision to scrap toll plazas was made through an Executive Order by former President Olusegun Obasanjo in 2004. Read more: https://innerkonsult.com/tollgate-regressive-tax-burden-on-motorists/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com

date: 26 Nov 2019 - 26 Nov 2020

Fowler, FIRS and the challenge of reforms Fowler, FIRS and the challenge of reforms

Fowler, FIRS and the challenge of reforms

auditions / castings
Nigeria » Lagos

If ever he was in doubt, it should be clear to Tunde Fowler by now that extraordinary courage is needed to push through new ideas where vested interests are deeply entrenched. As the architect of the reforms that grew the IGR (internally generated revenue) of Lagos from an average of N600 million in 1999 to well over N25 billion by 2015, perhaps this tax guru did not have to worry much about political risks and distractions back in his last station. Working for an administration that was in the opposition then, the shield mustered by the government in Alausa was certainly broad enough to prote...

date: 26 Nov 2019 - 26 Nov 2020

FG affirms removal of VAT on cooking gas FG affirms removal of VAT on cooking gas

FG affirms removal of VAT on cooking gas

auditions / castings
Nigeria » Lagos

The Federal Government has confirmed the removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG) in Nigeria, otherwise known as cooking gas. This means that the cost of LPG, commonly referred to as cooking gas, will be relatively stable, thus attracting many investors and users in the country. The Chairman, Federal Inland Revenue Service, FIRS, who disclosed this at the stakeholders’ meeting with Vice President Yemi Osinbajo, in Abuja, recently said the measure was targeted at growing the LPG sector. Read more: https://innerkonsult.com/fg-affirms-removal-of-vat-on-cooking-g...

date: 19 Nov 2019 - 19 Nov 2020

corporate governance corporate governance

corporate governance

auditions / castings
Nigeria » Abuja

Governance, Regulatory & ComplianceGovernance, Regulatory and Compliance continues to be complex business challenge. As new laws and regulations are introduced, their requirements challenge boards to greater levels of transparency, objectivity and professionalism. Increased accountability and potential exposure to liability means directors need to ensure that corporate governance standards are adhered to and robust compliance management systems are in place.KPMG member firms can assist directors and management to identify the applicable laws and regulations to better understand the...

date: 17 Sep 2019 - 17 Sep 2020

VAT fetches N312bn in three months VAT fetches N312bn in three months

VAT fetches N312bn in three months

auditions / castings
Nigeria » Lagos

The Federal Government generated N311.94bn between April and June; statistics provided by the National Bureau of Statistics have shown. In the first quarter of the year, January to March, the country generated N289.04bn through VAT. NBS revealed that N269.79bn was generated in Q2 2018 representing 7.92 per cent increase Quarter-on-Quarter and 16.95 per cent increase Year-on-Year.Read more: https://innerkonsult.com/vat-fetches-n312bn-in-three-months/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com

date: 12 Sep 2019 - 12 Sep 2020

FIRS sets date for start of online transaction VAT FIRS sets date for start of online transaction VAT

FIRS sets date for start of online transaction VAT

auditions / castings
Nigeria » Lagos

The Federal Inland Revenue Service (FIRS) says it will begin to impose Value Added Tax (VAT) on online transactions, both domestic and international, from January 2020. The chairman of FIRS, Tunde Fowler, disclosed this at the African Tax Administration Forum (ATAF) Technical Workshop on VAT on Monday in Abuja.Read more: https://innerkonsult.com/firs-sets-date-for-start-of-online-transaction-vat/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com

date: 12 Sep 2019 - 12 Sep 2020

Multiple tax collectors, defaulters and auditors Multiple tax collectors, defaulters and auditors

Multiple tax collectors, defaulters and auditors

auditions / castings
Nigeria » Lagos

The people of Jericho held Zacchaeus, the corrupt chief tax collector, in low esteem. The biblical story had it that when Jesus was passing through Jericho, the very short Zacchaeus had to climb a tree to catch a glimpse of him. People grumbled and looked at him with scorn. If they had their way, they would have pulled him down from that tree. Read more: https://innerkonsult.com/multiple-tax-collectors-defaulters-and-auditors/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com

date: 12 Sep 2019 - 12 Sep 2020

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