More than one year after the pronouncement for Value Added Tax to be removed from air transport, the Federal Government has failed to implement the order. Findings by our correspondent showed that domestic airlines still pay VAT, charged as five per cent on every flight ticket sold and remitted to the Federal Government. The Media […]
Polish lawmakers have approved a measure that would exonerate most workers under the age of 26 from income taxes as the country seeks to stem the flow of its young people to other EU nations in search of better paying jobs. The lower house of parliament approved the measure introduced by the ruling conservatives in
The Confederation of British Industry (CBI) has called on chancellor Philip Hammond to drop the idea of a digital services tax because it could end up stifling the digitalisation of UK businesses beyond those that it is intended to target Commenting on the introduction of the tax in April 2020, chief economist Rain Newton-Smith said
The Lagos State Internal Revenue Service (LIRS), on Wednesday, shut down the premises of Debonairs Pizza and thirteen other companies (including several hospitality firms), over alleged failure to fulfill tax obligations. According to the Director of Legal Services for the Lagos State tax agency, Mr Seyi Alade, the exercise was initially suspended, but will now
LIRS shuts Debonairs Pizza, 13 other companies over unpaid taxes Read More »
The Federal Government says, it has paid N135 billion of all outstanding PAYE tax liabilities owed by Federal Ministries, Departments and Agencies (MDAs) for 14 years to various states government. The Chairman of Joint Tax Board, Mr Tunde Fowler, said this at a programme tagged; “Go-Live’’ for the New National Tax Identification Number (TIN) Registration
Federal Government pays outstanding tax liabilities owed by MDAs Read More »
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