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Latest from the Blog
BREAKING! Presidential Panel Recommends 90% VAT Sharing To States / LGs
The Presidential Committee on Fiscal Policy and Tax Reforms has proposed increasing the share of Value Added Tax revenue going to the states and … The Presidential Committee on Fiscal Policy and Tax Reforms has proposed reviewing states’ and local governments’ share of the Value Added Tax revenue to 90 per cent , and reducing…
The presidential committee plans a tax revolution, exempting 95% of the informal sector
The Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC), established earlier this year by President Bola Tinubu, has unveiled plans to overhaul Nigeria’s tax system, with a significant focus on exempting 95% of the informal sector from all taxes. Chairman of the Committee, Taiwo Oyedele, revealed this development to journalists at the close-out retreat of…
[Kenya] KRA and KNCCI collaborate to enhance tax compliance for MSMEs
Kenya Revenue Authority (KRA) will now collaborate with the Kenya National Chamber of Commerce and Industry (KNCCI) to sensitize Micro, Small, and Medium-sized Enterprises (MSMEs) to enhance tax compliance. The partnership signifies a significant step towards fostering a culture of tax compliance and promoting sustainable business practices within the MSME sector. Under the collaboration, KRA…
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Tax matters. 