VAT dispute: Court of Appeal orders all parties to maintain pre-dispute position
(pre-dispute status) and refrain from taking any steps to give effect to the judgment of the Federal High Court (FHC) in the case of Attorney General of Rivers State v. FIRS & Attorney General of the Federation pending the hearing and determination of the motion for stay of execution filed by the Federal Inland Revenue Service (FIRS).
Federal High Court dismisses FIRS application for stay of execution on VAT judgement
The Federal Inland Revenue Service (FIRS) filed an application for a stay of execution of the judgment of the Federal High Court (FHC) in the case of Attorney General of Rivers State v. FIRS & Attorney General of the Federation.
Deadline for filing of annual employers tax returns (Form H1)
The 2020 Employer Tax Returns (Form H1) are due for filing by 31 January 2021. The Personal Income Tax Act (PITA) Cap P8 LFN 2004 (as amended to date), requires every employer to submit Tax Returns (Form H1) with the relevant State Tax Authorities where its employees are tax resident.