FIRS

Customs Service, FIRS, NUPEC Share N53.5bn For Revenue Collection Costs, FAAC Reveals

Nigeria's key revenue-generating agencies - the Customs Service, FIRS, and NUPEC - jointly claimed N53.5 billion in November as the cost of revenue collection.

Emmanuel Ochayi

11 months ago

Business·Latest News

FIRS Urges Non-Domestic Oil Shipping Companies To Comply With Tax Laws In Nigeria

In a bid to bolster revenue for the government, the Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, emphasized the necessity for non-domestic companies involved in shipping crude oil from

Emmanuel Ochayi

1 year ago

Business

FG To Stop Taxing Tomatoes, Other Non-taxable Goods, Services

Federal Government is planning to stop taxes on tomatoes and other raw food items, the Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has revealed. Nami said FG is taking steps

Fakoyejo Olalekan

1 year ago

Business

FIRS Fails To Meet Oil Tax Revenue Projection, Records N3.76trn Non-oil Tax Income

The Federal Inland Revenue Service (FIRS) didn’t achieve its projection for tax revenue from the oil sector in the first half of 2023 but surpassed that of the non-oil sector. FIRS had

Fakoyejo Olalekan

1 year ago

Tinubu Writes NASS, Seeks Approval For N500bn Subsidy Removal Palliatives

Business

FG To Tax 40million Market Traders In Informal Sector

The Federal Government has decided to tax the 40 million market traders under the informal sector group, the Market Traders Association of Nigeria (MATAN). According to the Federal Inland Revenue Service (FIRS)

Fakoyejo Olalekan

1 year ago

NCDMB, FIRS Offer Tax Incentives For Oil Industry R&D Investments

Oil and gas companies desirous to reduce their tax burden and grow profitability should consider increasing investments in research and development (R&D), with a view to taking advantage of the incentives provided

PBA Reporter

2 years ago

Business

FIRS Set New Date For Submission Of Companies’ Income Tax, Excludes VAT, Others

The deadline for the submission of Companies’ Income Tax (CIT) has been extended by the Federal Government tax administrator, Federal Inland Revenue Service (FIRS), as firms struggle to meet initial deadline. FIRS

Fakoyejo Olalekan

2 years ago

Business·Latest News

FIRS To Visit Tax Defaulters, Issues Two Weeks Deadline To Remit Tax

The Executive Chairman of Federal Inland Revenue Service (FIRS), Muhammad Nami, has given taxpayers and tax agents two weeks to remit their tax and funds received on behalf of the tax agency,

Fakoyejo Olalekan

3 years ago

Business

FIRS Moves After States Over Failure To Remit Tax Deductions

The Federal Inland Revenue Service (FIRS) disclosed its readiness to begin process of enforcement and recovery of unremitted tax deductions owed by some states and local governments. The FIRS, in a statement on Wednesday,

PBA Reporter

3 years ago

Business

FIRS Demands Tax Compliance Approval For Holding Political Offices

The Federal Inland Revenue Service (FIRS) has asked that tax compliance should be a prerequisite for clearing aspirants to contest elective positions. Muhammad Nami, executive chairman, FIRS and chairman, Joint Tax Board (JTB) made

PBA Reporter

3 years ago

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Customs Service, FIRS, NUPEC Share N53.5bn For Revenue Collection Costs, FAAC Reveals

FIRS Urges Non-Domestic Oil Shipping Companies To Comply With Tax Laws In Nigeria

FG To Stop Taxing Tomatoes, Other Non-taxable Goods, Services

FIRS Fails To Meet Oil Tax Revenue Projection, Records N3.76trn Non-oil Tax Income

FG To Tax 40million Market Traders In Informal Sector

NCDMB, FIRS Offer Tax Incentives For Oil Industry R&D Investments

FIRS Set New Date For Submission Of Companies’ Income Tax, Excludes VAT, Others

FIRS To Visit Tax Defaulters, Issues Two Weeks Deadline To Remit Tax

FIRS Moves After States Over Failure To Remit Tax Deductions

FIRS Demands Tax Compliance Approval For Holding Political Offices

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