Tag: FIRS
Senate approves Adedeji’s nomination as FIRS Chairman
Senate on Tuesday approved the nomination of Zak Adedeji as Chairman of the Federal Inland Revenue Service (FIRS).
Appearing at the upper chamber for his...
FIRS to stop multiple taxation, collect market traders’ VAT
The Federal Inland Revenue Service, FIRS, has begun an initiative to end multiple taxation and collect Value Added Tax, VAT, from Market Traders Association...
Tinubu economic advisers recommend NIMASA,Customs, FIRS merger
The Policy Advisory Council of President Bola Ahmed Tinubu has recommended the declaration of a state of emergency on revenue generation in the country.
According...
FIRS generates N10.1trn In 2022 revenue
The Federal Inland Revenue Service (FIRS) has set new record for revenue generating agencies of government with a record revenue generation of N10.1 trillion...
Banks,Telcos to collect VAT on taxable supplies
The Federal Inland Revenue Service has appointed MTN, Airtel and deposit money banks in Nigeria to withhold or collect the value added tax charged...
Banks,Telcos to collect VAT on taxable supplies
The Federal Inland Revenue Service has appointed MTN, Airtel and deposit money banks in Nigeria to withhold or collect the value added tax charged...
Company Income Tax generates N532.5 billion in Q1 2022- NBS
The Federal Government through the Federal Inland Revenue Service (FIRS) on generated a sum of N532.48 billion from Company Income Tax (CIT) in the...
Revenue generation cost of FIRS, others hit N329bn
The cost of revenue collection by key revenue-generating agencies of the Federal Government rose by N108.98bn between 2019 and 2021.
The data from the National...
Ignore Wike, continue to pay VAT to us, FIRS urges taxpayers
The Federal Inland Revenue Service (FIRS) has urged taxpayers, especially those in Rivers State to continue to pay their Value Added Tax (VAT) to...
Court restrains FIRS from tax collection in Rivers, empowers state government
A Federal High Court sitting in Port Harcourt, Rivers State has ruled in a revenue collection case between the Attorney General of Rivers State...