Latest Business & Tax Information News
CAC PUBLIC NOTICE ON EXISTING COMPANIES AND THE REQUIREMENTS OF ISSUED SHARE CAPITAL UNDER THE COMPANIES AND ALLIED MATTERS ACT 2020.
All Existing Companies, Esteemed Customers and the General Public are hereby informed…
20 Key Changes in the new Finance Act 2020 you should be aware of
The Finance Bill 2020 has been signed into law. The new law…
CAC Announces it’s Shutting Down Registration Portal to Effect Software Upgrade
This is to inform our esteemed customers and the general public that…
Professionals frown at government’s plan to takeover unclaimed dividends
Professional bodies have kicked against plans by the Federal Government to take…
FIRS CLARIFICATION ON THE IMPLEMENTATION OF THE VALUE ADDED TAX (VAT) PROVISIONS IN THE FINANCE ACT 2019
The circular was issued for the information and guidance of the general…
“Completion of Self-Certification Forms Does not Apply to all Account Holders”– FG
Following reports on Thursday that the Federal Inland Revenue Services, FIRS, directed…
FIRS issues Statement to clarify the self certification form pursuant to the Income Tax (Common Reporting Standard) Regulations 2019
This is to clarify the publication for financial institutions account holders in…
THE TAX PRINCIPLES IN THE FUEL SUBSIDY REMOVAL
By M.T. Abdulrazaq The argument behind the removal of the fuel subsidy…
Is it a tax or a levy? What you should know about the new changes introduced by IFRIC Interpretation 21 on Levies
By Taiwo Oyedele The Black’s Law Dictionary defines a tax as a…
Stamp duty on tenancy agreement shouldn’t raise house rent –Nami, FIRS Chairman
For government’s chief tax collector, paying taxes to sustain the machinery of…
