by Yomi Olugbenro | Jan 4, 2019 | Deloitte Tax, Doing Business, Employment, Extratriate Tax, Federal Government, Nigeria, Nigeria Tax, Paying Taxes, Personal Income Tax, Tax Planning, Tax Risk Management, TaxingNigeria, TaxingNigeria, TaxWiseNG - Twitter Sessions
Lagos State Internal Revenue Service (LIRS) has issued a public notice to notify employers of the exercise of its powers to appoint them as its agent in connection with employees’ tax obligation on severance benefits. It specifically request employers to deduct and...
by Yomi Olugbenro | Mar 17, 2017 | Corporate Tax, Deloitte Tax, Extratriate Tax, Federal Government, Nigeria, Nigeria Tax, Personal Income Tax, Tax Planning, Tax Risk Management, TaxingNigeria, TaxWiseNG - Twitter Sessions, Value Added Tax
In a bid to grow Nigeria’s tax revenue and raise non-oil tax to GDP ratio from current level of 6% to 15% by 2020, Voluntary Asset and Income Declaration Scheme (VAIDS) is to be implemented. The National Executive Council (NEC) has granted approval-in-principle for...
by Yomi Olugbenro | Jan 13, 2016 | Corporate Tax, Deloitte Tax, Extratriate Tax, Federal Government, Nigeria, Nigeria Tax, Personal Income Tax, Tax Planning, TaxingNigeria, TaxWiseNG - Twitter Sessions
There are many tools at the disposal of government for the management of the economy. Monetary policy and fiscal policy are the two most widely recognized. These two policies have various mechanics available to government to drive the economy in a given direction....
by Yomi Olugbenro | Jan 10, 2016 | Deloitte Tax, Extratriate Tax, Nigeria, Nigeria Tax, Personal Income Tax, Tax Planning, Tax Risk Management, TaxWiseNG - Twitter Sessions
A warm welcome to you. Happy New Year. It’s the first episode of our weekly tweetax session in 2016 – #TaxWiseNG. We are already 6 days into the year. If FG’s target of N1.45 trillion tax revenue is accrued daily, N23.8 billion should be in the kitty by now....
by Yomi Olugbenro | Dec 31, 2015 | Budget, Corporate Tax, Deloitte Tax, Extratriate Tax, Federal Government, Nigeria, Nigeria Tax, Personal Income Tax, Tax Planning, Tax Risk Management, TaxingNigeria, TaxWiseNG - Twitter Sessions, Value Added Tax
As 2015 draw to a close and 2016 eases in, it is appropriate to take a peep into the future and see what the year portends. A discerning mind can tell that great challenges lies ahead. Well, difficulties are blessings in disguise, the optimist will say. What Does 2016...
by Yomi Olugbenro | Nov 4, 2015 | Corporate Tax, Deloitte Tax, Extratriate Tax, Nigeria Tax, Personal Income Tax, Tax Planning, Tax Risk Management, TaxingNigeria, TaxWiseNG - Twitter Sessions, Value Added Tax
There are tax havens and there are jurisdictions where the taxman reign supreme. In any jurisdiction where taxes are levied, Tax Clearance Certificate (TCC) is a collector’s item. Nigeria is not one where the citizens enjoy the luxury of tax-free income. If you detest...
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