Taisha Associates | Accountants in Lagos | Tax Consultants in Lagos| VAT in Lagos| VAT | paye |
Tax & Accounting consulting firm based in Lagos, Nigeria.
About 50% of all small and medium-sized enterprises (SMEs) fail globally within 5 years of their existence. This rate is even higher in Nigeria due to a number of factors that are peculiar to our operating environment, such as poor infrastructure. However, the leading cause of the high mortality rate experienced in the SME segment […]
The takeoff of business has its own issues, however, business operations have much more issues than the takeoff. Business operations require a very good accounting function that makes information available for decision making to the management and also to other stakeholders like the government and tax authorities. A proper accounting function in a business […]
Accounting system is processes and procedures put together by an organization with the objective of capturing and processing its financial transactions with the objective of generating financial reports that show a true and fair view of the performance and position of the organization at any particular point in time to the stakeholders of the organization. […]
What Nigeria’s Proposed VAT Threshold Means for Your Business During the presentation of the 2019 Budget to a joint session of the National Assembly on Tuesday, October 8, President Muhammadu Buhari announced the federal government’s plan to set a threshold for Value Added Tax (VAT) registration to N25 million in turnover per annum. The decision, […]
It is an established fact that most business owners and entrepreneurs cannot distinguish various categories of accountants like bookkeeper, accountants and chartered accountants. Where they can discern the difference, they always prefer to use bookkeeper or accountant due to difference in fees charged. Instead of patronizing the services of chartered accountant they prefer to go […]
