• Kenya’s eRITS System Cracks Down on Landlords Dodging Rental Taxes

    Table of Contents Understanding eRITS Reasons Behind KRA’s eRITS Implementation How Landlords Engage with eRITS Consequences of Failing to Comply with MRI Tax Rules The...

    Kenya’s eRITS system will track landlords who dodge rental taxes
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    Table of Contents Understanding eRITS Reasons Behind KRA’s eRITS Implementation How Landlords Engage with eRITS Consequences of Failing to Comply with MRI Tax Rules The Kenya Revenue Authority (KRA) has rolled out the Electronic Rental Income Tax System (eRITS), an online platform designed to streamline the registration of rental properties, submission of tax returns, and...
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  • Nigeria’s Remote Workers Brace for the Taxman’s Arrival: What You Need to Know

    Welcome to Follow the Money, our weekly deep dive into the financial performance, business models, and growth tactics of African fintech companies and financial institutions....

    The taxman is coming for Nigeria’s remote workers
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    Welcome to Follow the Money, our weekly deep dive into the financial performance, business models, and growth tactics of African fintech companies and financial institutions. Tune in every Monday for fresh insights. Starting January 2026, Nigerians earning income remotely-such as a software developer making $2,000 monthly for a U.S.-based startup while residing in Lagos-will be...
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  • FIRS Urges Nigerians to Embrace Tax Payment as a Proud Civic Duty, Not a Burden

    The Federal Inland Revenue Service (FIRS) has urged Nigerians to shift their perspective on tax payments, encouraging them to view it not as a penalty...

    See Tax Payment As Civic Duty, Not Punishment, FIRS Tells Nigerians
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    The Federal Inland Revenue Service (FIRS) has urged Nigerians to shift their perspective on tax payments, encouraging them to view it not as a penalty or burden but as a vital civic responsibility that fuels national progress. During a one-day awareness seminar titled ‘The Role of Media in Voluntary Tax Compliance’ held in Kaduna, FIRS...
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  • More Than 4,000 Large Taxpayers Still Lagging Behind on FIRS E-Invoicing System Onboarding – Official Warns

    Thousands of Major Taxpayers Still Pending Completion of FIRS E-Invoicing Registration The Federal Inland Revenue Service (FIRS) has introduced the e-invoicing platform, commonly referred to...

    Over 4,000 large taxpayers yet to complete FIRS e-invoicing system onboarding – Official
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    Thousands of Major Taxpayers Still Pending Completion of FIRS E-Invoicing Registration The Federal Inland Revenue Service (FIRS) has introduced the e-invoicing platform, commonly referred to as the Merchant-Buyer Model, to streamline tax processes. This digital system is designed to enhance the efficiency, speed, and transparency of tax compliance for all taxpayer segments, particularly large-scale businesses....
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