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    Kapital FM 92.9 The Station that Rocks!

Tax

9 Results / Page 1 of 1

Health

CAPPA Calls For Review Of SSBs Tax

Federal Government has been called upon to increase the Sugar-Sweetened Beverages (SSBs) tax from N10 to N130 per litre. The Corporate Accountability and Public Participation Africa (CAPPA) made the call in Abuja, during public presentation and launch of simulation study of research result themed: Potential Fiscal and Public Health Effects of Sugar-sweetened Beverage SSB Tax in Nigeria . The Executive Director, CAPPA, Akinbode Oluwafemi stressed the need for the call […]

todayFebruary 27, 2024 11

Business

FCT-IRS Extends Organisations Tax Filing Deadline To February 29

The Federal Capital Territory Internal Revenue Service, FCT-IRS, has extended the deadline of filing of Annual Tax Returns from January 31 to February 29, 2024 for Organisations/ Employers of Labour in the FCT. The Management of FCT-IRS out of its magnanimity, heeded to taxpayers' request for extension. In view of this, the deadline has been extended by one month to enable organisations and employers of labour as well as agents […]

todayFebruary 12, 2024 11

Local

FCT-IRS Extends Tax Filing Deadline To February

The Federal Capital Territory Internal Revenue Service, FCT-IRS, has extended the deadline of filing the Annual Tax Returns from January 31 to February 29, 2024 for Organisations and Employers of Labour in the FCT. The Management of FCT-IRS out of its magnanimity, heeded to the taxpayers' request for extension. In view of this, the deadline has been extended by one month to enable the organisations and employers of labour as […]

todayFebruary 1, 2024 88 3

Featured

FIRS To Re-assess Tax Waivers

  By James Itodo The Chairman, Federal Inland Revenue Service ( FIRS), Zaccheus Adedeji, says the agency would re-assess and re-evaluate the importance of tax waivers issued to some organizations. Adedeji stated this in Abuja before his confirmation during screening a by the Senate at the committee of the whole. President Bola Tinubu had in September, appointed Adedeji to take charge of the revenue organisation in acting capacity after directing […]

todayNovember 1, 2023 17 2

Business

Abuse Of Tax Incentives, Waivers An Economic Sabotage – Speaker

Speaker of the House of Representatives, Dr. Tajudeen Abbas says abuse of tax incentives and waivers is an act of economic sabotage which must not be allowed to continue. The Speaker stated this while inaugurating the Ad-hoc Committee to investigate allegations of abuse of tax incentives, tax breaks, and tax waivers by public institutions and companies benefitting from tax incentives. Represented by the House Leader, Professor Julius Ihonvbare, the Speaker […]

todayAugust 31, 2023 15 2

Featured

Projects Completion : FCTA To Clamp Down On Tax Evaders

Minister of the Federal Capital Territory, Nyesom Wike says internally generated revenue of the Administration, will henceforth be tied to the execution of certain projects.   The Minister gave this assurance while speaking on modalities to be adopted to enable the administration complete projects without delay and reliance on budgetary allocation.   He therefore advised all those evading the payment of ground rents and taxes acruable to FCTA to do […]

todayAugust 31, 2023 66 2

National

PBAT Inaugurates Tax Reforms Committee

President Bola Tinubu on Tuesday in Abuja expressed his commitment to break the vicious cycle of overreliance on borrowing for public spending, and the resulting burden of debt servicing it places on the management of Nigeria’s limited government revenues. Inaugurating the Presidential Committee on Fiscal Policy and Tax Reforms, chaired by Mr. Taiwo Oyedele, the President charged the committee to improve the country’s revenue profile and business environment as the […]

todayAugust 8, 2023 17

Local

Tax Harmonization: FCTA Mandates FCT-IRS To Collect All Revenues

The Federal Capital Territory Administration, FCTA and the six Area Councils have resolved that the FCT Internal Revenue Service, FCT-IRS should collect all taxes and non-tax revenues on behalf of the six Area councils henceforth. The Permanent Secretary FCTA, Mr Olusade Adesola who made this known at a media briefing in Abuja explained that the resolution was part of the outcome of the several retreats and stakeholders engagements held on […]

todayJune 22, 2023 74 2

Business

FCT-IRS Cautions MDAs, Contractors On Not Remitting WHT To Appropriate Authority

The Federal Capital Territory Internal Revenue Service (FCT-IRS) has caution Ministries Departments and Agencies of Government (MDAs) as well as contractors in the FCT to ensure that they remit Withholding Tax (WHT) to appropriate quarters. The advice followed the discovery that Withholding Taxes meant for FCT IRS were being wrongly paid to other tax authority. In a Statement signed by the Head, Corporate Communications, FCT IRS, Mr Mustapha Sumaila says […]

todayJune 18, 2023 104

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