InnerKonsult, Author at INNERKONSULT LTD.

Consumption tax: Respect court judgment, Lagos tells hotels, restaurants

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The Lagos State Government has urged all hotels, restaurants, and events centres operators in the state to respect the decision of the court on the Lagos State Hotel Occupancy and Restaurant (Fiscalisation) Regulations 2017. The state said this in a statement on Friday that a suit challenging the consumption tax law was dismissed by the […]

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We are not increasing tax, other dues – Oyo govt

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The Oyo State Government has reiterated its assurance to the people of the state that the administration would not increase tax on business enterprises in order to increase the Internally Generated Revenue (IGR) of the state. The Executive Chairman, Oyo State Internal Revenue Service (OYSIRS), Aremo John Adeleke, stated this in a chat with journalists

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Tax increment could breed crisis – Miyatti Allah

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The Zona Chairman, Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) MACBAN, Alhaji Giddado Sadiq, has explained that the group had no issue with farmers in the country especially South-east geopolitocal zone. Sadiq, who was reacting to federal government plans to increase Value Added Tax from 5 to 7.5% and CBN tax on Savings and

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Communication Services tax underway

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Vice President Yemi Osinbajo is currently meeting behind closed doors with the former Senate Leader, Senator Ali Ndume. The meeting started a few minutes past 1 pm at the vice president’s office. The meeting may not be unconnected with the Senate’s decision to introduce an action to impose tax on communication services in the country.

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Senate rejects VAT increment, mulls communication service tax

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The Senate, yesterday, introduced an action to impose tax on Communication Services in the country. The planned new tax introduction Daily Sun learnt, is targeted at replacing the proposed 2.2 per cent increase in Value Added Tax (VAT) being mulled by the Executive. The Bill for an Act to establish the Communication Service Tax which

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FIRS targets 45m taxpayers by December —Fowler

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Federal Inland Revenue Service has said that about 45 million Nigerians will be captured as taxpayers before December 2019. Mr Babatunde Fowler, Chairman, Joint Tax Board said this on Thursday in Ilorin at the inauguration of the new Tax Identification Number registration system and consolidated National Taxpayers’ Database for North Central zone. “Over the last

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Senate bill imposes tax on GSM, cable TV subscribers

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A bill for an Act to introduce tax on communication and cable television services scaled first reading at the Senate on Wednesday. The introduction of the tax, it was learnt, was to replace the 2.2 per cent increase in the Value Added Tax being planned by the Federal Government. The Bill for an Act to

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Why Accountants must be skilled in adaptability – ICAEW

Leave a Comment / Accounting / InnerKonsult

Considering how technology has taken over the accounting profession, one major skill required for accountants to prepare for the future is adaptability. This was the viewpoint of David Lyford-Smith, Technical Manager in the Tech Faculty of ICAEW – the Institute of Chartered Accountants in England and Wales at the 49th Annual Accountants Conference organized by

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Accolades as David Oyetunji bags ANAN’s Fellowship

Leave a Comment / Accounting / InnerKonsult

The Association of National Accountants of Nigeria (ANAN) has conferred the fellowship of the professional body on Mr. David O. Oyetunji, a director at the National Automotive Design and Development Council (NADDC). This development is coming even as accolades and commendations continue to pour in for the professional, career and academic achievements of the new

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NSE bargaining with FG for extension of VAT holiday

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The Nigerian Stock Exchange (NSE) is in talks with authorities of the federal government to be considered for a five year extension of value added tax (VAT) over transactions performed on the floor of the Exchange.VAT text on wooden cubes above office calculator suggesting tax time or payment. Oscar Onyema, chief executive of the Exchange,

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INNERKONSULT LTD.

INNERKONSULT LTD.

Author name: InnerKonsult

Consumption tax: Respect court judgment, Lagos tells hotels, restaurants

We are not increasing tax, other dues – Oyo govt

Tax increment could breed crisis – Miyatti Allah

Communication Services tax underway

Senate rejects VAT increment, mulls communication service tax

FIRS targets 45m taxpayers by December —Fowler

Senate bill imposes tax on GSM, cable TV subscribers

Why Accountants must be skilled in adaptability – ICAEW

Accolades as David Oyetunji bags ANAN’s Fellowship

NSE bargaining with FG for extension of VAT holiday

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