Press "Enter" to skip to content

Posts tagged as “Tax”

10 Tax Saving Tips for Small Business Owners

10 Tax Saving Tips for Small Business Owners – If you’re the owner of a small business, filing your taxes can be complicated and difficult to manage, especially if you don’t have the time or money to pay someone else to do it for you. Fortunately, there are plenty of tax saving tips that small business owners can use to streamline the process and ensure they get the largest refund possible.

FIRS generates N312b from VAT, as income rises by 7.9%

The Federal Inland Revenue Service (FIRS) generated N311.94 billion revenue for government through the collection of Value Added Tax (VAT), between April and June, data from the National Bureau of Statistics (NBS) has shown.

The figure, according to the NBS, represents a 7.9 per cent quarter-on-quarter increase from the N269.79 billion generated in Q2 of 2018, and 16.95 per cent year-on-year.