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 | Feb 22, 2018 | Deloitte Tax, Doing Business, Federal Government, Nigeria, Nigeria Tax, Paying Taxes, Personal Income Tax, Tax Planning, Tax Risk Management, TaxWiseNG - Twitter Sessions
The tax landscape in Nigeria is changing fast and efforts at bringing taxable individuals into the tax net is gaining momentum. Those who have not been tax compliant in the past are being advised to take advantage of the 9-month tax amnesty scheme through Voluntary...
by Yomi Olugbenro | Nov 3, 2017 | Corporate Tax, Deloitte Tax, Doing Business, Federal Government, Nigeria, Nigeria Tax, Paying Taxes, Personal Income Tax, Tax Planning, Tax Risk Management, TaxWiseNG - Twitter Sessions
It is heartwarming to read the latest doing business report of the World Bank and Nigeria’s giant leap to 145th among 190 economies on the ease of doing business. Nigeria gained 24 places on the latest ranking, an improvement on the prior year’s ranking of 169, and...
by Yomi Olugbenro | Oct 28, 2017 | Corporate Tax, Deloitte Tax, Doing Business, Federal Government, MSME, Nigeria, Nigeria Tax, Paying Taxes, SME, Tax Planning, Tax Risk Management, TaxWiseNG - Twitter Sessions
Micro, small and medium-sized enterprises (MSMEs) are the driving force for economic activity and innovation. They contribute to growth through job creation, investments, exports and taxation. In Nigeria, the economy is largely dominated by MSMEs, with an...
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 | Aug 18, 2016 | Budget, Corporate Tax, Deloitte Tax, Federal Government, Nigeria, Nigeria Tax, Tax Planning, Tax Risk Management, TaxWiseNG - Twitter Sessions
In a bid to shore of government revenue, the Federal Inland Revenue Service (FIRS) is doing everything possible to expand the tax net and collect due taxes. The current fiscal landscape calls for no less response. Needless to say that the country is going through...
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