Financial Literacy

Capital Allowance is a claim against Assessable Profits by companies when computing their tax liabilities. It is only calculated when a...

At some point in time there may be a need for you to request for a loan or an overdraft...

A B.O.J otherwise known as a Best of Judgement Assessment is a tax assessment procedure conducted by Tax Authorities on the accounts...

C.O.T is a commonly used abbreviation for Commission on Turnover. It is a charge levied on customer withdrawals by their...

I came across an interesting Legal report on Interest Charged in Simple Contract Claims which explains that there is a...

Sometime in 2010, I decided I had had enough of Lagos traffic and decided I had to tackle it in...

Nigeria is indeed a Funny country. I read somewhere recently that the second clothing business, popularly called, okrika is booming....

Ok! I know I have been blogging so much about tax lately but then I believe its an area of...

If you own or manage a business in Lagos, then I am sure you must have at one time or...

Withholding Tax is often  viewed erroneously as a separate form of tax. Withholding tax is basically an advance payment of  income tax, rather...