A financial adviser and business mentor, Mr. Abikure Tega, has said that the easiest and most efficient way to address issues of fraud in the country’s taxation system is through the block-chain technology. Tega, Chief Executive of Kurecion Foundation, who spoke at a training programme at the weekend organised by his outfit, said the efficacy …
Financial expert proffers solutions to tax fraud in Nigeria Read More »
Trading floor of NSE, Lagos The emergence of the Nigerian Stock Exchange (NSE) as the third best performing stock in the world last year has impacted on its performance for the 2017 financial year, resulting to an operating surplus after tax or Profit After Tax (PAT) of N3.79 billion. The NSE made this known at …
Stock Exchange makes N3.8 billion record high profit Read More »
The new policies entail VAT exemption for life insurance, public transportation, residential buildings, etc; while taxes on SMEs will now be reduced from 20 to 15%. The new policies entail VAT exemption for life insurance, public transportation, residential buildings, etc; while taxes on SMEs will also be reduced from 20 to 15%. Kemi Adeosun, Nigeria’s …
Nigeria relaxes tax policies to reduce burden on citizens Read More »
Recently, the Federal Government of Nigeria introduced the voluntary assets and income declaration scheme (VAIDS), encouraging Nigerians to declare their tax liabilities in exchange for amnesty. Most Nigerians have a perception of tax as part of several official legislations used by public officials to proverbially rob Peter to pay Paul. Moreover, they view taxation with …
Risk management in tax administration: Sn examination of VAIDS, WHT and VAT Read More »
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