Tag: VAIDS

NIGERIA’S CURRENT TAX DRIVE WILL BE COMPREHENSIVE: EVEN BEGGARS MAY PAY TAX – ADESOSUN

Amurun KelvinLeave a Comment on NIGERIA’S CURRENT TAX DRIVE WILL BE COMPREHENSIVE: EVEN BEGGARS MAY PAY TAX – ADESOSUN

The Nigerian government has stated that no one would be left out in the campaign to enlarge the tax revenue. She said some beggars were earning millions and that “proceeds from begging are taxable. You are supposed to pay taxes even if your means of income is begging”. Minister of Finance, Mrs. Kemi Adeosun said […]

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VOLUNTARY ASSETS, INCOME DECLARATION SCHEME: AN OPPORTUNITY FOR NIGERIA COMPANIES TO REGULARIZE THEIR TAX AFFAIRS

Amurun KelvinLeave a Comment on VOLUNTARY ASSETS, INCOME DECLARATION SCHEME: AN OPPORTUNITY FOR NIGERIA COMPANIES TO REGULARIZE THEIR TAX AFFAIRS

Nigerian companies and entrepreneurs that don’t have their tax affairs in order should act now to take advantage of the government’s Voluntary Assets and Income Declaration Scheme (VAIDS) (https://VAIDS.gov.ng), says Magnus Nmonwu (https://Twitter.com/mnmonwu), Regional Director for Sage West Africa (www.Sage.com). The scheme runs from 1 July 2017 to 31 March 2018. It gives taxpayers an opportunity to voluntarily declare all […]

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