Finance Act 2021: Your Tax Obligations Reloaded (Again)
INTRODUCTION The fact that we’re seeing so many tax amendments is a good thing. It shows that legislators are working double-time to remove the inefficiencies in Nigeria’s tax system and …
Blog
Minimum Tax
A settled sum that a taxable person pays as tax no matter how bad things go with profits. That is, bad as e bad, tax must be paid! This may …
Driving Tax Compliance in Nigeria
Healthy relationships are all about give and take. Same applies to taxes! Time and again we have all heard the tax anthem – “Pay your taxes and government will provide …
VAT and VIEWS
Welcome! You must have heard ‘VAT, ‘Wike’ and ‘Court’ more times than ‘Ronaldo, Drake or Manchester United’ in the past couple of days! Well, it’s not every day the FIRS …
Twitter and Taxes
Omo x 1000 The topic is Twitter and Taxes. And you know the latest, don’t you? Twitter was and is still suspended in Nigeria. You know the gist. Nigeria’s Twitter ban came two days …
Tax Terms
Grossing Up Making a payment in full without any deductions or subtractions, even where these deductions/subtractions are required by law. What happens when there is a Gross Up? The answer …
TAXMANIA – TAX FOR LEARNERS
#TaxMania #TaxforLearners #TaxVille
Update On Covid-19 Tax Palliatives To Support Taxpayers
Introduction You probably know someone residing in Lagos who has still not filed their Individual Annual Tax Returns! This one is for them. Not so long ago, the Lagos Internal …
The Finance Act 2020: Is Your Company Getting its Tax Obligations Right?
The Finance Act 2020: Is Your Company Getting its Tax Obligations Right?
#SoroSoke and the FIRS’ Response
#SoroSoke and the FIRS’ Response.