South Africa to tax social media influencers
The South African Revenue Service has announced that social media influencers are now included in its taxpayer segmentation model, emphasising the need…
Tax
Walmart to launch first branded stores in South Africa
Walmart on Tuesday announced plans to open its first branded stores in South Africa later this year, signaling the retail giant’s push…
New tax laws officially published to overhaul fiscal framework
Nigeria has officially published its long-awaited tax reform laws in the government gazette, marking a significant overhaul of the nation’s fiscal framework.…
Nigerian telecom users may pay higher charges in new tax law
Nigerian telecom subscribers could soon pay 5% more for calls and data as the Senate passed the Nigeria Tax Bill 2024 on…
Cut corporate tax to 7.5%, NACCIMA urges Tinubu
The National Association of Chambers of Commerce, Industry, Mines, and Agriculture has called on President Bola Tinubu’s administration to take decisive steps…
FG to exempt pads, baby products, others from tax in new bill
The Federal Government has introduced a new bill aimed at exempting various essential products and services from Value Added Tax. The proposed…
New bill to require tax ID for opening bank accounts
A new bill has been proposed in Nigeria mandating that individuals involved in banking, insurance, stock-broking, and other financial services must provide…
Seven banks paid N392.53bn in taxes in first half of 2024
Seven major banks in Nigeria reported a combined tax payment of N392.53 billion for the first half of 2024, according to an…
FG launches tax exemptions for games, reality shows
The Federal Ministry of Finance has unveiled new regulations aimed at promoting entrepreneurship, academics, technology, and scientific innovation by granting significant tax…
Bill for tax crimes commission passes second reading
National Tax Crimes and Oversight Commission bill was successfully passed by the House of Representatives on its second reading on Wednesday. Following…
IPMAN threatens strike over Soludo’s taxation
The petroleum sales in Anambra State would have to be discontinued within the next two weeks due to threats against its members,…
Operators push for improved tax administration
Governments at all levels have been tasked by tax practitioners to enhance their tax administration procedures in order to foster economic growth.…