Here is The New Plan FIRS Wants To Use To Catch Tax Evaders
Nigeria's Federal Inland Revenue Service (FIRS) said on Friday it would crack down on tax evaders by denying access to ...
Tag: Value Added Tax
news and analysis about Value Added Tax
What Is Zero Rated Vat in Nigeria?
Summary VAT is a consumption tax levied at 5% on the supply of goods and services. You can claim VAT ...
What You Need To Know About Value Added Tax (VAT) In Nigeria
VAT is a tax on the supply of goods and services which is eventually borne by the final consumer ...
Debt or Equity? Tax Consideration For A Foreign Investor In Nigeria
Whether in starting out in business or in seeking to expand, business owners often look for different sources of secondary ...
B-E-W-A-R-E: The Following Taxes Must Be Filed Before June 30th, 2014
It's definitely that time of the year again where we get to file our tax returns. Considering that most people ...
This Is The Portion of Your Salary Exempted/Deductible From Tax
The Personal Income Tax Act was amended in June 2011 to address some of the issues with the previous act ...
Tax – Expenses Allowable For Deduction From Profit In Nigeria
Companies in Nigeria are statutorily required to pay 30% of their taxable profit as company income tax. However, before that ...
Why Insurance Companies Sign Reinsurance Contracts
The article below was culled off a management report which I thought is immensely useful in valuing insurance companies. Enjoy it. ...
H-I-S-T-O-R-I-C-A-L: Federal High Court Declares Tax Tribunals Illegal
Thisday, reports the A Federal High Court in Abuja has restrained Tax Appeal Tribunals established by the Federal Inland Revenue ...
How Cost Of Sale Can Increase or Reduce Your Vat Remittances
I have issued a tutorial on this blog on how to calculate vat in Nigeria. Whilst that was the principle ...
