As a Nigerian business owner, you may have a lot of questions about taxes, especially when it comes to the Federal Inland Revenue Service (FIRS). From understanding your tax obligations to submitting your returns, the process can be confusing
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Whether you are a new employee, a retiree, or just curious about pensions, this article will provide you with the information you need.
by The good news is that applying for a pension in Nigeria is not as difficult as you might think. You just need to make sure that you’re doing it right.
by It is almost the end of the year and the close of business for most businesses. It is also when most companies get to file their annual tax, and sincerely, it can be daunting, especially if one is new to this procedure or does not understand the necessary steps to take to file an annual business tax.
by The Personal Income Tax (PIT), which consists of Pay-As-You-Earn (PAYE) for wage earners and direct assessment for self-employed businesses, has…
by This article explains Pay-As-You-Earn Tax as it relates to employee taxation in Nigeria; the laws governing PAYE tax payment; and how to calculate PAYE taxes for employees in Lagos.
by The idea behind the Pay-As-You-Earn (PAYE) tax, the deductions that can be made, the advantages of paying these taxes, and how to calculate Pay-As-You-Earn (PAYE) taxes for employees in Anambra were examined in this article.
by In this article, you will learn about the history of PAYE tax, the benefits of paying your Pay-As-You-Earn tax, and the step-by-step process of applying for tax filing with the Rivers State Internal Revenue Service Scheme (RiversBIRS).
by The Federal Capital Territory’s PAYE tax, withholding tax, and other taxes imposed on Federal Capital Territory citizens are collected by the Federal Capital Territory Internal Revenue Service (FCT-IRS). The focus of this article is on how to register with the Federal Capital Territory Internal Revenue Service for taxes in Abuja in 2022.
by The Personal Income Tax Act states that a Business Name owner who earns an income from employment or running a…
by According to the Pay-As-You-Earn Regulations, an employer must register with the appropriate tax authority in order to withhold income tax from its employees. This article details how to pay your Pay-As-You-Earn (PAYE) taxes for employees in Ogun State.
by As you must already be aware, the gross income for an employee under a contract is different from the monthly…
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