Understanding Your Tax Obligations Know Your Income: Understand taxable income, including wages, business profits, and benefits. Determine Your Residency: Your tax obligations differ if you’re a resident or non-resident in Nigeria. Calculating Your Tax Use the Consolidated Relief Allowance: Deduct …
A Step-By-Step Guide to Personal Income Tax Compliance in Nigeria Read more »
As year-end approaches, businesses embark on the crucial process of closing their books. This annual ritual involves summarizing financial activities, ensuring accuracy, and generating comprehensive year-end accounting reports. Navigating through this process with confidence is essential for making informed decisions, …
CLOSING THE BOOKS: NAVIGATING YOUR BUSINESS YEAR-END ACCOUNTING REPORT WITH CONFIDENCE Read more »
The Corporate Affairs Commission (CAC) has announced its intention to remove 100,000 registered companies from its database. The Registrar-General and Chief Executive Officer of CAC, Alhaji Garba Abubakar, made this disclosure during a workshop on the ‘Use of the Beneficial …
CAC IS PLANNING TO REMOVE 100,000 COMPANIES FROM ITS DATABASE Read more »