The Federal Inland Revenue Service, FIRS, has said that the Finance Act 2021 was critical to addressing budget funding, a measure that it would achieve by collaborating with taxpayers and key stakeholders. The FIRS made this known in a statement … F...
Funding is one of the major challenges confronting businesses of all shapes and sizes in Nigeria and across the world. Finance is the lifeblood of every business. Without adequate cash inflow, businesses would not be able to procure raw materials, …...
Over a hundred years since banks came into Nigeria, services rendered to small and medium scale businesses were limited to core banking services and transactions. However, those that cared to look further were able to stand the test of time, … FIRST...
The Lagos State Internal Revenue Service (LIRS) has announced January 31, 2022, as the deadline for the filing of annual tax returns by employers of labor. The LIRS said that the filing of the annual income tax returns in the … LIRS ANNOUNCES JANUAR...
Financial experts have expressed the need to utilize the Finance Act 2021 to better benefit Nigerians and strengthen the government’s capacity through the instrumentality of taxation in achieving sustainable development. Speaking on the theme ‘Financ...
Accounting is a powerful tool that small businesses can use to measure performance, know financial positions, determine cost template, plan growth, comply with statutory regulations, provide basis for tax planning and compliance, budget, forecasting...
Understanding accounting and bookkeeping is critical to your business success. Let’s look at what accounting and bookkeeping is, how it works, and how you can use it in your business. What Is Accounting and Bookkeeping? Accounting plays a vital role...
Certain ouster clauses in the Finance Bill have set the Federal Inland Revenue Service (FIRS) and the supervisory Ministry of Finance on collision course with the Revenue Mobilization and Fiscal Commission (RMAFC), a development analyst have argued,...
*Our businesses have crumbled under the weight of taxes, levies—Aba trader *Touts, illegal revenue agents taken over Anambra —Ontisha resident *Soludo must chase them away to win the heart of Ndi Anambra—CD *We’re at mercy of touts—Umuahia Keke opera...
…extend life of 2021 national budget to March next year House of Representatives has approved the total of N215,811,290,243 billion as budget of the Federal Inland Revenue Service, FIRS for the 2022 fiscal year. Out of the amount, the sum of N119, …...