Federal Inland Revenue Service (FIRS) and State Inland Revenue Services have resolved to build a databank to improve tax investigation in Nigeria. The databank will contain information about all taxpayers …
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BusinessEastern AfricaEconomy
Digital Lenders Announce Increase In Loan Charges As New Tax Takes Effect
Digital Lenders Association of Kenya has announced plans to increase charges for borrowers as digital lenders begin effecting the proposed 20 percent excise tax on all credit facilities taken by …
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AfricaBusiness PoliciesWestern Africa
NEPZA, FIRS Agree on New Tax Regime for Economic Zones, Sign Pact
The Nigeria Export Processing Zones Authority (NEPZA) and the Federal Inland Revenue Service (FIRS) have signed a pact aimed at enhancing a better understanding of the Free Trade Zones Scheme’s …
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SARS, South African Revenue Service has announced the start dates and details for the 2022 tax season, with the tax authority warning of penalties for South Africans who fail to …
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The approval will see startups through positive growth, create jobs and diversify the economy. The Nigerian government has approved tax reliefs for startups, a step to further improve the nation’s …
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NCBA Group’s net earnings for the first three months of the year rose 20 per cent to Sh3.41 billion up from Sh2.84 billion last year on strong business development. The bank’s …