May 16, 2019

Should Value Added Tax Apply On Lottery And Gaming Activities In Nigeria?

The Nigerian lottery and gaming industry has seen a lot of growth and expansion in recent years. This is mostly driven by the growing popularity of the sports betting segment fuelled by the huge followership of premiership football and other similar sporting activities. The number of participants in this industry has been on a steady […]

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Shell Advises Nigeria to Heavily Tax Petrol, Diesel Generators

All On, which is a seeded company of Shell, has advised Nigeria to initiate and implement a graduated and weighty tax system on the production, assemblage and importation of power generating sets that use diesel and petrol. This, it stated would buoy growth of off-grid renewable energy power sources in the country. All On also

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CAC extends registration window for small businesses by 90 days

Corporate Affairs Commission (CAC) announced this in a statement by available to newsmen in Abuja on Sunday. According to the statement, the decision is to assist Micro, Small and Medium Enterprises (MSMEs) to formalize their businesses which will enable them own corporate account with Banks, have access to loans, grants, and other government interventions. To

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Tax education, panacea to incessant tax controversies –Fowler

The Executive chairman, Federal Inland Revenue Services leader (FIRS), Babatunde Fowler, has described tax education as a key factor to reducing the incessant tax controversies between the government and tax payers in Nigeria. This was even as he called on individuals and corporate bodies to always consult tax experts for professional guidance in every issue

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