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Federal Government Identifies 130,000 High Net Worth Individuals and Companies with Potential Tax Underpayments
March 7, 2018
On Tuesday, 6 March 2018, Nigeria’s Honourable Minister of Finance, Mrs. Kemi Adeosun, stated in a televised broadcast that the […]
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National Pension Commission Issues Public Notices on Compliance with the Pension Reform Act, 2014
Summary The National Pension Commission (PENCOM) recently issued two separate Public Notices (PNs) to employers and employees on certain compliance […]
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The LIRS to Commence Automated Monitoring of Consumption Tax
February 22, 2018
The Lagos State Internal Revenue Service (LIRS) recently issued the Hotel Occupancy and Restaurant Consumption (Fiscalisation) Regulation (the Regulation), in […]
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United Kingdom Introduces New Unexplained Wealth Orders
February 17, 2018
The United Kingdom (UK) government recently amended the Proceeds of Crime Act 2002, via the UK Criminal Finances Act, 2017 (the […]
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Personal Income Tax Act (Amendment) Bill 2018
February 15, 2018
A Personal Income Tax Act (Amendment) Bill 2018 (the Bill) was recently presented before the House of Representatives for deliberation. […]
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FHC Ruling on Vodacom v. FIRS on Supply of Bandwidth Capacities
February 13, 2018
Summary The Federal High Court (FHC), on 19 December 2017, affirmed the decision of the Tax Appeal Tribunal (TAT or […]
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