by taxpalng | May 2, 2019 | Articles & Newsletters
The importance of tax payment in any giving country is not to overburden any business organization or individuals but to also help the government generate meaningful revenue that will be re-invested in the development of the society. The truth is, no organization be...
by taxpalng | May 28, 2019 | Articles & Newsletters
Collecting taxes is a very ancient profession. Tradition and custom have long been influential in shaping the way in which national revenue authorities go about this task at the national level. However, the nature of collecting and administrating taxes has undergone...
by taxpalng | Feb 25, 2019 | Articles & Newsletters
We have been touching on different articles recently but this has been a pertinent question for the fold in recent times, what’s the Implication of taxation on Small and Medium scale enterprises? Your answer is not far-fetched as we provide insights into how this can...
by taxpalng | Jan 11, 2019 | Articles & Newsletters
As Nigerians awaits the deliberation and implementation of the 2019 Appropriation Bill into law by the National Assembly after the presentation by President Muhammad Buhari last month, Taxpal has X-rayed some of the highlights that may be of great importance to large,...
by taxpalng | Dec 20, 2018 | Articles & Newsletters
“If I toil it is snatched away from me “– Babylonian Proverb, 2300 BC. The recent call by some organizations, small and large scale businesses to seek for reduction in the rate at which taxes are being leveled on them both by the Federal and State Government has...
by taxpalng | Dec 16, 2018 | Articles & Newsletters
‘Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it. – Ronald Reagan Taxes are how we pool our money for public health and safety, infrastructure,...
by taxpalng | Dec 13, 2018 | News
The Executive Chairman, Federal Inland Revenue Service (FIRS), Tunde Fowler, has said the service has generated N5 trillion by the second week of December 2018, adding that the agency is at the verge of making N5.3 trillion at the end of the year. If the FIRS pools...
by taxpalng | Dec 12, 2018 | Tax Bits
The FIRS is responsible for assessment of persons, companies and enterprises chargeable with Tax. They must enforce payment of this taxes as may be due to the government.They also in collaboration with the relevant ministries and agencies review tax regimes and...
by taxpalng | Dec 7, 2018 | News
Nigeria: Taxpayers Appeals For An Introduction To Property Tax FROM taxpayers came a call for the introduction of property tax as a strategy of improving government revenue and distributing the tax band away from low income earners. Mr. Julius Offodile, led other...
by taxpalng | Dec 7, 2018 | News
FIRS Set To Target Billionaire Tax Defaulters In Nigeria In a bid to ensure that every citizens irrespective of their status adhere to the payment of tax in the country, the Federal Inland Revenue Service have declared that plans are underway to go after billionaire...
