Tax Matters

By Dons Eze The ongoing debate surrounding President Bola Tinubu’s proposed tax reform bills has sparked division within the Nigerian House of Representatives, with northern lawmakers expressing concern over the legislation. While some lawmakers are eager to push the bills forward, leaders from northern Nigeria, including former Kano State Governor Ibrahim Shekarau, are calling for a review of the bills, …

As the year winds down, it’s time to ensure your tax matters are in order. Whether you’re an employer or an individual income earner, staying on top of your tax obligations is vital for starting the New Year on a solid financial footing. Key Deadlines Employers of Labour: File annual tax returns by January 31, 2024. Personal Income Earners: File …

Increasing Tax Awareness for Tomorrow’s Leaders The Anambra State Internal Revenue Service (AIRS), has successfully concluded the second stage of its Schools Tax Competition, a media edition open to all private senior secondary schools across the state. The AIRS Schools Tax Competition for the future leaders, which seeks to instill tax awareness in future leaders, aims to change misconceptions around …

Fidelity Bank PLC has donated state-of-the-art hubs to establish Tax Smart Hubs across Anambra State, aiming to boost revenue collection. At the commissioning ceremony, Chairman of Anambra State Internal Revenue Service, Dr. Greg Ezeilo, FCA expressed gratitude, calling the gesture “a dream come true.” He assured Fidelity Bank that the hubs would be utilized effectively. The Smart Hubs donate by …

Introduction The Anambra State Government has taken a significant step forward in improving the transportation sector by introducing a new tracking system for tricycles (Keke). Official launch of the initial roll out of implementation of the tracking system took place at UHBET Center, Awka, today, August 20, 2024. This innovative initiative is designed to address key concerns that have long …

A devastating accident occurred at Eke Awgbu in Anambra State, claiming lives and leaving others injured. A trailer truck loaded with cement lost control and swerved into oncoming traffic, causing the devastating collision. To set the record straight, eyewitnesses and police reports confirm that the accident was caused by brake failure, causing the driver to lose control on a steep …

A New Chapter for ICAN Awka District Society  In a landmark event for the Institute of Chartered Accountants of Nigeria (ICAN) Awka District Society, Mr. Francis Toochukwu Ezenwa of the Anambra State Internal Revenue Service has been elected as Chairman. The investiture ceremony, held in Awka, the bustling capital city of Anambra State, Nigeria marks the beginning of a new …

Introduction At the “Anambra Tax Matters” a 30 minutes audience participatory radio program at Anambra Broadcasting Service (ABS) radio, 88.5FM, Dr. Greg Ezeilo, FCA, ACTI, the Chairman and Chief Executive of the Anambra State Internal Revenue Service, was the guest speaker where he highlighted key Government measures against unauthorized tax collectors.  The discussion centered on the pressing issue of illegal …

Anambra State is home to Onitsha Main Market, the largest market in West Africa. In the past, the old Anambra State heavily relied on this market for the revenue that sustained the state. Additionally, there are numerous smaller markets spread across the 21 Local Government Areas, all contributing to the state’s Internally Generated Revenue (IGR). The registration and renewal of …

Introduction On April 22nd, stakeholders gathered at Revenue House for a crucial meeting convened by the Anambra State Internal Revenue Service. The focus of the meeting was the implementation of Anambra Property Land Use Charge (APLUC), a significant avenue for revenue generation in the state. Understanding APLUC APLUC represents a fresh revenue window for Anambra State, shifting the responsibility of …