Should the NHF be scrapped?
The National Housing Fund (NHF) was set up in 1992 via a decree to provide a source of funding for ...
Tag: SME
A – Z of Cash-less Lagos
For those who don't know cashless Lagos commenced April 1 2012. From then on withdrawals or deposits in excess of ...
What is Capital Allowance?
Capital Allowance is a claim against Assessable Profits by companies when computing their tax liabilities. It is only calculated when a ...
How much is a Nigerian Bank authorized to charge me as fees & interest rate?
At some point in time there may be a need for you to request for a loan or an overdraft ...
What is B.O.J (Best of Judgement Assessment) in Nigerian Tax?
A B.O.J otherwise known as a Best of Judgement Assessment is a tax assessment procedure conducted by Tax Authorities on the accounts ...
How to monetize road traffic reports
Sometime in 2010, I decided I had had enough of Lagos traffic and decided I had to tackle it in ...
Second Hand Underwear Business is very profitable
Nigeria is indeed a Funny country. I read somewhere recently that the second clothing business, popularly called, okrika is booming. ...
Deduct Withholding Taxes from invoices? This is who you pay to
Ok! I know I have been blogging so much about tax lately but then I believe its an area of ...
Taxes and Levies collected by Local Governments in Lagos
If you own or manage a business in Lagos, then I am sure you must have at one time or ...
What to do with all the withholding tax deducted from your invoice!!!
Withholding Tax is often viewed erroneously as a separate form of tax. Withholding tax is basically an advance payment of income tax, rather ...
