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Income Declaration

VAIDS dateline: FG insists tax evaders risk prosecution, seizure of properties

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The Minister of Finance, Mrs. Kemi Adeosun, on Saturday confirmed that the Federal Government was currently reviewing the requests by the States and Private Sector for an extension of the tax amnesty programme, the Voluntary Assets and Income Declaration Scheme (VAIDS). The tax amnesty programme, which expired on Saturday, offered a nine-month window of opportunity […]

VAIDS: FIRS woos defaulters with 29% waiver

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firs

Special Adviser to the Chairman of Federal Inland Revenue Service (FIRS), Mr Abiodun Aina, has urged tax defaulters to take advantage of the recently introduced Voluntary Asset and Income Declaration (VAIDS) to enjoy 29 per cent waiver on overdue taxes. VAIDS programme was recently launched to reduce tax payers’ liability and create more awareness on […]