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Tag "Finance bill"

Buhari writes n’assembly, seeks passage of finance bill to support tax reforms

    Buhari writes n’assembly, seeks passage of finance bill to support tax reforms

President Muhammadu Buhari has asked the national assembly to pass the 2021 finance bill seeking to support the tax reforms of the Federal Inland Revenue Service (FIRS). A finance bill

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SPOTTED: 30% or 35% car import levy? — embarrassing error in the new finance law

    SPOTTED: 30% or 35% car import levy? — embarrassing error in the new finance law

An error has been spotted in the new finance bill signed into law by President Muhammadu Buhari on December 31, 2020.  The signed bill was published in the Federal Republic

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Senate passes finance bill 2020

    Senate passes finance bill 2020

The senate has passed the 2020 finance bill for third reading. The bill was passed after Solomon Adeola, chairman of the finance committee, presented a report for the consideration of

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TIN for individual business accounts, no VAT on pads… 15 ways new finance bill will change Nigeria

    TIN for individual business accounts, no VAT on pads… 15 ways new finance bill will change Nigeria

The finance bill signed by President Muhammadu Buhari will affect Nigeria’s economic space in more ways than one. Checks by TheCable showed that the bill amends 80 provisions across the

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VAT now 7.5% as Buhari signs 2019 finance bill into law

  VAT now 7.5% as Buhari signs 2019 finance bill into law

The proposed increase in the rate of value-added tax from the present 5% to 7.5% has been signed into law.

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FG to remove tax exemption on oil companies’ dividends

  FG to remove tax exemption on oil companies’ dividends

Dividends paid from the profits of oil companies will no longer be tax-exempt if the finance bill submitted by President

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