The Lagos State Internal Revenue Service (LIRS) has deployed an electronic payment remittance platform aimed at increasing monthly consumption tax revenue to N1 billion. Executive Chairman of LIRS, Mr. Ayodele Subair, disclosed this while speaking to journalists on the launch of the platform last week. He stated: “This remittance system is aimed to help in …
LIRS targets N1bn monthly consumption tax with ePayment Read More »
Internal auditors are getting more involved in technology initiatives like cybersecurity and data analytics, according to several new reports. One of the reports, from PricewaterhouseCoopers, found that 75 percent of companies who use internal audit technology will see a return on investment, but only 14 percent of internal audit functions are advanced in their adoption …
Property owners in highbrow areas across the country are now targets of federal and state governments tax agencies determined to stop tax evaders. Presidency sources told PREMIUM TIMES on Monday in Abuja that government searchlight was now beamed on this class of property owners seen as the worst tax offenders. The source who requested not …
Tax evasion: Nigerian govt to target property owners in highbrow areas Read More »
The federal government has said it has identified a new batch of over 130,000 high net worth individuals and companies with potential tax underpayments. They were uncovered via the data mining efforts of the Ministry of Finance’s Project Lighthouse. The Minister of Finance, Mrs. Kemi Adeosun, made the disclosure yesterday while appearing on the ‘Good …
Tax Offenders: FG Identifies 130,000 High Net Worth Individuals, Companies Read More »
Capital market experts, at the weekend renewed calls for the Federal Government to review the nation’s tax system, and reduce excessive taxes especially on listed firms, and encourage more investment into the market. Besides, they stressed the need to address Nigeria’s security challenges, and economic instability to guarantee safety of investment. The stakeholders, who spoke …
‘How to increase, sustain investors’ participation in capital market’ Read More »
The federal government last week ordered complete audit of Dana airline, following its recent involvement in non-fatal accidents. Senior Special Assistant on Media and publicity, to President Muhammadu Buhari, Garba Shehu, said the audit will cover the personnel and assets of the airline. About a fortnight ago, a Dana airplane overshot the runway in Port Harcourt,skidding into the …
Whether you are running an existing or start up a new company, you need a very good cash flow to succeed According to Dun & Bradstreet: “90% of small business failures are caused by poor cash flow. Put simply, not enough cash coming in the door and too much going out.” Take note of the …
SME AND EVERY BUSINESS NEED CASH FLOW TO SURVIVE Read More »
Hiring the best service for small business accounting is something that has been regarded as the best strep towards the financial integrity of a business. Even before the small business is started it is advised to make sure that the small business accounting services are chosen so that the best outcome can be guaranteed to …
Small business accounting services make sure that the best is provided to the business owners when it comes to maintaining the financial records of the business. It maintains the records in such a manner that on the whole the business never faces an issue in this regard. To make the idea more enchanting it is …
Small business accountant is one of the main persons for any business as they make sure that the best is provided to the business when it comes to financial management. Empowering the small business accountant will also make sure that they work in perfect environment and play their role positively to make sure that the …
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