Browsing Tag
Taxation
24 posts
Office of the Tax Ombud to Introduce Taxpayer Bill of Rights
The Nigerian Office of the Tax Ombud plans to release a Taxpayer’s Bill of Rights to boost transparency, resolve disputes, and simplify tax administration, while also expanding digital services and regional reach.
Traders halt Obollo-Afor market operations to protest uneven haulage tax
Vendors at Obollo-Afor Market in Enugu State closed their businesses on Wednesday to protest a 25,000 Naira haulage levy they claim is being unfairly targeted at their location alone.
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.