How government can improve collection of taxes, by CITN
Federal Government’s effort to ensure that taxes are paid in the country would only be realised if revenues collected were used to provide amenities and improve the people’s wellbeing.
FG targets more tax revenues from VAIDS in 2018
The Federal Government is expecting considerable tax revenues this year through the implementation of the Voluntary Assets and Income Declaration Scheme (VAIDS).
VAIDS: as the third trimester approaches…
The third trimester of any pregnancy is usually filled with anticipation as prospective parents and loved ones eagerly look forward to the expected outcome. It is not unusual for the parents to place bets on who the unborn child would look like or, in some cases, what the gender is. Similarly, with the Voluntary Assets…
Government targets additional N6billion from VAIDS
The Federal Government will rake in an additional N6billion from the implementation of the Voluntary Assets and Income Declaration Scheme (VAIDS) before the end of the year. The sum is in addition to the N17billion already yielded by the scheme within six months. This was disclosed in Lagos on Wednesday, by the Executive Chairman, Federal…
How data drives government’s voluntary assets, income declaration - Adeosun
We started the programme on July 1; it’s a nine-month programme. So, as we speak, there are still four months to go, and there is enough time for anyone that really wants to comply to pick up the form.
FEC approves N1.5 billion adverts to get $1 billion tax
The Federal Executive Council (FEC) chaired by Vice President Yemi Osinbajo, yesterday approved N1.5 billion for media advertisements...
500 prominent Nigerians get tax status letters today
Tax status letters will be issued to no fewer than 500 high net-worth Nigerians by the Ministry of Finance today.It shows that the Federal Government’s Voluntary Assets and Income Declaration Scheme....
LIRS sensitises Lagosians on tax
The Lagos State Board of Inland Revenue, LIRS, has begun a campaign to educate residents of the state on the advantages of responding to Voluntary Assets and Income Declaration Scheme (VAIDS).
N798b VAT revenue unsettles 2018 budget projections
The nation’s 2017 budget estimates may be faltering further with a N797.51 billion collection from Value Added Tax (VAT) in 10 months against the projected N1.73 trillion by the end of the year.