The Lagos State Internal Revenue Service (LIRS) recently issued a public notice (the Notice) with respect to taxation of interest benefits accruing to employees on loans...
Don't get caught...
Summary of the top business, economic and political news in Nigeria today. Acting President, Prof. Yemi Osinbajo, on Thursday signed an Executive Order to Back...
Businesses operating in Nigeria are increasingly being regulated as the Government strives to promote good corporate governance and best practices. To ensure your business is on...
In this article I am going to take you through a practical way of obtaining a tax clearance certificate from the Federal Inland Revenue Service. It’s...
Nairametrics| It is trite that around the world, entertainers and sportsmen are some of the highest paid individuals. Their sources of income are vast, ranging from...
Will Nigerians take that lightly?
Deloitte| A Federal High Court (FHC) on 13 March 2017, delivered a judgment on the validity of the circular issued by Central Bank of Nigeria referenced...
Tax Deductibility Of Expenses Incurred Outside Nigeria: Are Days Of Arbitrary Awards Over? The increased pace of globalisation has not left Nigeria and Nigerian companies out....
The Value Added Tax Act (VATA or the Law), 2007 governs the administration of VAT in Nigeria. VAT is levied at each stage of the production...
