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Tax obligation of non-profit organisations

    Tax obligation of non-profit organisations

The term non-governmental organisations(NGO) if it is used in its ordinary terms mean all organisations that are not owned by the government. However, NGOs as we all know are organisations

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Giving to Ceaser what belongs to Ceaser

    Giving to Ceaser what belongs to Ceaser

BY STANLEY ALIEKE Religious organisations in Nigeria and many other countries of the world are not taxed because they are classified as not-for-profit incorporations but if we are being honest

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Boosting tax revenues: An imperative for economic recovery across Africa

    Boosting tax revenues: An imperative for economic recovery across Africa

BY ABIODUN OWOLEGBON-RAJI On October 7th, President Muhammadu Buhari unveiled a record 16.39 trillion naira ($39.8 billion) budget for 2022, with government spending projected to rise by 12.5% compared to

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REVEALED: In June 2021, FG quietly made new tax rules that could kill your business in six months

    REVEALED: In June 2021, FG quietly made new tax rules that could kill your business in six months

In 2016, three university students discussed the idea of a fintech. They built together and ran pilots in school, getting 500 students to use the product they were bringing to

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APC rep: Carpenters, taxi drivers should be made to pay tax — they make a lot of money

  APC rep: Carpenters, taxi drivers should be made to pay tax — they make a lot of money

Fakeye Olufemi, a member of the house of representatives, says owners of small and medium-sized enterprises, including carpenters and taxi

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FIRS: Nigeria now has 41 million taxpayers — but revenue generation still low

  FIRS: Nigeria now has 41 million taxpayers — but revenue generation still low

The Federal Inland Revenue Service (FIRS) says Nigeria now has 41 million taxpayers. Muhammad Nami, FIRS chairman, disclosed this on

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BudgIT: Rivers, Lagos, Anambra top states’ fiscal performance ranking

  BudgIT: Rivers, Lagos, Anambra top states’ fiscal performance ranking

BudgIT, a civic-tech organisation for transparency and accountability, has launched the 2021 edition of its annual States of States report.

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ACCI asks AMAC to suspend N100k ‘gaseous emission’ permit for bakeries in Abuja

  ACCI asks AMAC to suspend N100k ‘gaseous emission’ permit for bakeries in Abuja

The Abuja Chamber of Commerce and Industry (ACCI) has asked the Abuja Municipal Area Council (AMAC) to suspend the N100,000

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FG ready to tax profits made by Google, Twitter in Nigeria, says Osinbajo

  FG ready to tax profits made by Google, Twitter in Nigeria, says Osinbajo

Vice-President Yemi Osinbajo says the federal government is set to tax profits made in Nigeria by global technology and digital

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Niger targets N1.5bn monthly revenue

  Niger targets N1.5bn monthly revenue

The Niger state board of internal revenue says it is targeting an income of N1.5 billion monthly. In 2020, the

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