Expanding the frontiers of taxation
Yomi Olugbenro
West Africa Tax Leader at Deloitte
Corporate Tax
Accumulated withholding tax credits and rights of taxpayer to offset tax liabilities: #TaxWiseNG Episode 24
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...
Deloitte Tax
The latest business competitiveness ranking: How close is Nigeria to the Promised Land?
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...
Federal Govt Tax
The latest business competitiveness ranking: How close is Nigeria to the Promised Land?
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...
Personal Income Tax
A recap of Nigeria’s foreign exchange control measures in 2015
It’s tough times for Nigeria’s economy. Nigeria’s source of FOREX receipts is mainly oil. Unprecedented decline in oil revenue means Government must...
SMEs
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Corporate, deloitte & FEDERal Tax
Celebrity Tax Drive – #TaxWiseNG Episode 7
In this age of social media, it is common place to see celebrities show off how far they’ve come and how successful they are. The degree of opulence on Instagram may not all be real, some are “make-believe”, but no doubt, some earn decent income. Even if you’re too...
Love Dividends, Love Tax – #TaxWiseNG Episode 6
Last week, the Federal Inland Revenue Services (FIRS) published a notice in various national dailies regarding payment of provisional tax on interim dividends. FIRS directed attention to the provisions of Companies Income Tax Act (CITA), which requires every company...
Abuja Tax Blues – #TaxWiseNG Episode 5
Welcome to another tweetax session. It’s Episode 5 of #TaxWiseNG. Today’s episode of #TaxWiseNG is titled Abuja Tax Blues. This is the season where many people eagerly await news flowing from the Federal Capital Territory. So, why not tax news? Without any iota of...
Presumptive Taxation – #TaxWiseNG Episode 4
Hello Tweeps, it’s another episode of our weekly tweetax session. It’s time for #TaxWiseNG. Today’s episode of is titled PRESUMPTIVE TAXATION. This topic has previously featured on Deloitte Nigeria‘s weekly newspaper tax publication - “Inside Tax”. InsideTax is...
Tax as a C-Suite conversation – #TaxWiseNG Episode 3
It’s 17:00 WAT Tweeps! It's another episode of #TaxWiseNG. Episode 3 of our weekly tweetax session. Our focus today is on the level of attention that businesses pay to tax affairs. Let’s title this episode “Tax as a C-Suite conversation”. C-Suite is a term used in...
Taxation of Individuals – #TaxWiseNG Episode 2
Hello Tweeps, today is Episode 2 of our weekly tweet chat session on Nigeria tax issues. I call it “tweetax” session - #TaxWiseNG. It’s a weekly affair, 5pm Nigeria time, every Wednesday. The barrage of responses, questions and comments that followed the introductory...
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Yomi Olugbenro tALK TAX
Personal & SME Income Tax
FIRS Changes Gear With Compliance and Enforcement – #TaxWiseNG Episode 20
If you live, work or run a business in Nigeria, you should have sensed it that FIRS is changing gear with compliance and enforcement drive. “Boys are not smiling” is an appropriate expression for the mood at the Revenue house. How can they smile, when the weight of...
Tough Times, Trying Tax – #TaxWiseNG Episode 19
Every economy that depend largely on commodity export is facing one form of challenge or the other. The degree of impact is what varies. Nigeria is groaning under the weight of falling price of crude due to lack of foresight. Attention has been devoted to the metric...
Matters Arising from CBN Circular on N50 Stamp on Transactions – #TaxWiseNG Episode 18
Nigeria has a long list of legislations that impose tax and levies on individuals and companies. The three tiers of government have statutory powers to collect and administer specific taxes and levies allocated to them. Whilst the Federal Government has exclusive...
About Me
Yomi Olugbenro is a Partner and the West Africa Tax Leader at Deloitte, the world’s leading professional services firm with approximately 312,000 people in 150 countries and territories. He is a member of Deloitte West Africa Executive Committee.
Mr. Olugbenro holds a First Degree in Accounting and Masters in Business Administration. He is an alumnus of The University of Manchester (UK); Fellow of the Institute of Chartered Accountants of Nigeria (ICAN); Fellow of the Chartered Institute of Taxation of Nigeria (CITN); and Fellow of the Chartered Institute of Stockbrokers (CIS). He qualified as Chartered Accountant in 1997 and with over 20 years post-qualification experience, he has distinguished himself as a seasoned business advisor.
He is the Dean of the Board of Indirect Tax Faculty of the Chartered Institute of Taxation of Nigeria and a Member of the Board of Tax and Fiscal Policy Management Faculty of the Institute of Chartered Accountants of Nigeria. He is a highly sought-after speaker and thought leader on fiscal and economic policies issues and speak regularly at local and international conferences. He is featured regularly in print and electronic media on fiscal policy issues and have many articles to his credit.
His clientele include many fortune 500 companies and other globally-renowned and locally strategic brands. He consults regularly for multinational companies around the world about investment and fiscal terrain in West Africa and particularly Nigeria.
Before assuming the West Africa Tax Leader’s role at Deloitte, he was, at different times, the firm’s Tax Risk Leader with responsibility covering West and Central Africa, Dean of Deloitte School of Tax, Tax Partner in charge of Financial Services Industry and member of Deloitte ThinkTank. Prior to joining Deloitte, he had worked in different sectors of the economy including Banking, Manufacturing and Professional Services.
Mr Olugbenro enjoys travelling and mentoring of young minds. He is Patron to many Youth Associations in Schools and Colleges and President of Free Indeed Foundation. When at leisure, he devotes significant part of his time for mentoring, counselling and social services. He is an advocate of tax simplification, education and automation (SEA) and runs regular online tax awareness sessions on social media which he uses as a vehicle for knowledge sharing and policy advocacy. He is married and blessed with children.
Advocate of Tax Simplification, Education and Digitisation