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JUST IN: Reps Approve Tax Reform Bills | Daily Report Nigeria
News

JUST IN: Reps Approve Tax Reform Bills

The House of representative have unanimously passed a tax bill. The Reps approved four tax reform bills, and is currently awaiting the approval...

FG to Increase Tax on Tobacco Products From 30% to 50% | Daily Report Nigeria
News

FG to Increase Tax on Tobacco Products From 30% to 50%

The Federal Government says it will increase excise tax on tobacco products from 30 per cent ad-valorem to 50 per cent as part...

Zoom to Charge 7.5% VAT on Nigerians | Daily Report Nigeria
News

Zoom to Charge 7.5% VAT on Nigerians

Zoom Video Communications Inc. on Monday December 13 via a statement, announced that it will start charging 7.5 percent value-added tax (VAT) on...

FG Removes 5% Tax on Calls, Data | Daily Report Nigeria
News

FG Removes 5% Tax on Calls, Data

The Federal Government on Tuesday announced the removal of the 5% Excise Duty imposed on telecommunication services. The Minister of Communications and Digital...

States Sue FG Over Sharing of Stamp Duty Revenue | Daily Report Nigeria
News

States Sue FG Over Sharing of Stamp Duty Revenue

Abubakar Malami, the Attorney-General of the Federation (AGF) has been sued by Attorneys-general of the 36 states for non-remission of funds generated from...

Tinubu meets bankers over windfall tax | Daily Report Nigeria
Politics

Tinubu meets bankers over windfall tax

  President Bola Ahmed Tinubu has held a closed-door meeting with leaders of Nigeria’s commercial banking sector to discuss the newly imposed windfall...

You Sacked Ministers to Cover Your failures - PDP Tells Buhari | Daily Report Nigeria
News

Buhari Has Ordered FIRS To Tax Digital Transactions – SGF

Boss Mustapha, the secretary to the government of the federation (SGF) has disclosed President Muhammadu Buhari has ordered the deployment of technology to...

Carpenters, Taxi Drivers Should Be Made To Pay Tax — APC Rep | Daily Report Nigeria
News

Carpenters, Taxi Drivers Should Be Made To Pay Tax — APC Rep

A member representing Boluwaduro/Ifedayo/Ila federal constituency of Osun state, Fakeye Olufemi, has called for owners of small and medium-sized businesses, including taxi drivers...

Nigerians to Pay 7.5% VAT on Facebook Ads from January 1, 2022 | Daily Report Nigeria
News

Nigerians to Pay 7.5% VAT on Facebook Ads from January 1, 2022

Facebook has announced that from January 1, Nigerians will be required to pay 7.5 percent value-added tax (VAT) on all ad placements. This...