Friday , 7 October 2022

Tag Archives: FIRS

FIRS seals Aero Contractors offices over N350million tax non-remittance

  SITUATION at Aero Contractors got further compounded as officials of the Federal Inland Revenue Service ( FIRS) yesterday sealed some offices in the airlines following tax remittances of about N350million owed the tax agency. Our reporter found out the offices of the managing director, finance, legal departments as well as human resources were sealed along with some other strategic …

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FIRS boss makes case for sustenance in VAT collection due to 44% increase in three years

as organization targets N750bn from 55,000 tax debtors EXECUTIVE Chairman, Federal Inland Revenue Service, Mr Tunde Fowler has indicated a growth in Value Added Tax (VAT) of over 44 per cent between 2015 and 2018 at the current five per cent rate, stressing the importance VAT despite that Nigeria still has lowest VAT rate in Africa. This is just as …

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