Browsing Tag
Taxation
22 posts
Manufacturers Association of Nigeria reports ongoing struggles with redundant taxation
The Manufacturers Association of Nigeria reports that the Nigeria Tax Act 2025 has failed to stop the practice of multiple taxation on businesses.
Digital Assets Coalition Urges Government to Reconsider $92 Billion Crypto Tax Policy
A coalition of digital asset operators warns that new tax guidelines may harm Nigeria’s $92 billion cryptocurrency market by taxing money transfers rather than actual profits.
MAN Pushes for Unified Taxation and Stable Policy Frameworks to Revitalize Manufacturing
The Manufacturers Association of Nigeria is calling for unified tax policies and better infrastructure to support industrial growth, citing high operational costs as a major hurdle.
Prime Minister Burnham Announces Income Tax Revenue Sharing for English Mayors
Prime Minister Andy Burnham is set to grant English mayors a share of local income tax and business rates to reduce reliance on central government funding and boost regional growth.
New Tax Ombud Office Launched to Safeguard Taxpayer Rights and Restore Confidence
The newly established Office of the Tax Ombud aims to protect taxpayers from administrative injustice and foster a more equitable relationship between the public and tax authorities.
Wealthy British figures petition Prime Minister Andy Burnham for increased taxation
A group of prominent millionaires, including Gary Lineker and Brian Eno, have urged Prime Minister Andy Burnham to levy higher taxes on the ultra-wealthy to support national investment.
NRS Mandates E-Invoicing Compliance for Large Taxpayers by July 31
The Nigeria Revenue Service has announced a July 31, 2026, deadline for large taxpayers to implement the national e-invoicing and Electronic Fiscal System.
Prime Minister Andy Burnham’s ambitious agenda faces fiscal reality
Prime Minister Andy Burnham shifts from campaign rhetoric to the difficult task of balancing ambitious national spending plans with strict fiscal and borrowing constraints.
Financial implications of an Andy Burnham administration
Prime Minister Andy Burnham is planning new measures to ease cost-of-living pressures, focusing on tax reform, energy affordability, and housing initiatives.
Nigeria Revenue Service mandates e-invoicing for large taxpayers by July 31
The Nigeria Revenue Service has set a July 31, 2026, deadline for large taxpayers to transition to the mandatory national e-invoicing system or face potential regulatory penalties.