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Month: September 2019

Tax Trends

THE TAX APPEAL TRIBUNAL ALLOWS ONLINE OBJECTION TO TAX ASSESSMENT

Update! Recently, the Tax Appeal Tribunal (TAT) sitting at Lagos held that a taxpayer can object via online means to FIRS tax assessments. This decision was made in Earth Moving …

Intaxicated

WHAT THE INCREASE IN VAT SHOULD MEAN TO YOU

VAT is definitely the most famous tax in Nigeria. Apart from the fact that we find VAT on receipts given to us almost everywhere e.g at the mall, the cinemas, …

Tax Trends

TAX AUTHORITIES CANNOT IMPOSE ARBITRARY ASSESSMENTS ON A TAXPAYER: POLARIS BANK PLC V ABIA STATE BOARD OF INTERNAL REVENUE

UPDATE! Recently, the Tax Appeal Tribunal (TAT) sitting at Enugu held that due process must be followed by tax authorities in demanding payment of taxes from taxpayers. This decision, made …

My Tax Story

MY TAX STORY – OLUFEMI IDOWU

1. Was taxation a conscious career choice for you or did it ‘call’ you? No, taxation wasn’t a first-choice career for me. As a matter of fact, I started my …

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Recent Posts

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