We always applaud the present of our senior professionals Oyedokun Godwin Emmanuel for their endless effort seeing the progress of our nation.
He discussed vividly on the issue of tax reform, its dynamic & special implications to Nigeria Labour Congress HQ
If you need the paper presented, you can drop your mail at the chat box.
Thank you
#taxation #income #company #business #Youth #financialservice
Federal Inland Revenue Service - FIRS Federal Capital Territory Internal Revenue Service
Annual tax returns is very necessary for all Business owners / employers and individuals, failure to do that, required sanction from the authority.
Section 81 (3) talk about the penalty of noncomplying. While section 41 (1,3) talks about the filing of annual returns.
#taxation #income #business #advocacymatters #financialservice #company #youth
Federal Capital Territory Internal Revenue Service
Federal Inland Revenue Service - FIRS
Happy New Year to Everyone ✌🏻✌🏻
As we all know, knowledge of taxation & financial advises are paramount.
#business tax planning is necessary, while we urge to give our best in breaking the tax reform to your understanding. 🫱🏻🫲🏽
Looking forward to our next episode. 📢📢#follow📢
#taxation #company #income #advocacymatters #youth #financialservice
Federal Inland Revenue Service - FIRS
On how he be today😊! Here is the breakdown of some parts of the tax reform bill in PIJIN ENGLISH.📢📢
Taxation is all about simplicity.💯🫱🏻🫲🏽
#taxation #advocacymatters #youth #financialservice #income #company #business
Federal Inland Revenue Service - FIRS
Mohammed Eedris
Quick reminder on closure of financial acc & filing of tax returns for the year ended, 2024.
#taxation #income #business #company #AdvocacyMatters
Key Important points of Filing and assessment procedures of taxes from the taxpayers.
#taxation #company #income #financialservice #AdvocacyMatters #business
Federal Inland Revenue Service - FIRS
Every company resident or non resident is liable to tax in Nigeria, if the income derived by company is liable yo tax under the provision of company income tax Act.
Company is said to be resident in Nigeria, if it is registered or incorporated in Nigeria. While the legal basis for assessing companies to tax is the CITA CAP21 LFN, 2004. Which is administered by the Federal inland revenue service (FIRS).
As a new company or existing you need to take cognizant effort on the following : Registration for tax purposes, Chargeability to tax , Rendition of return, Penalty for late filing , Extension for filing return , Other return ( Banks return)...
Every company in Nigeria is required for the above.
#taxation #income #business #financialservice #company #youth
Federal Inland Revenue Service - FIRS
What is behind the sharing ratio of VAT at the tax reform bill, 2024.
#taxation #income #financialservice #advocacymatters #business
Federal Inland Revenue Service - FIRS
Its high time for us to start welcoming the new tax reform bill. The bill covers tax exemption of business with 50 million turnover or less, tax exemption of personal income tax on minimum wage, reduction of corporate tax from 30% to 25%, Also VAT 0% of healthcare, public transportation , food, fuel product, renewable energy. These items constitute of 82% of rising of cost of living of the citizens.
We hope , with the new tax reform, job opportunities & reduction of inflation in our country will be seen properly .
#taxation #income #business #financialservice #youth
Federal Inland Revenue Service - FIRS
Important of Tax Clearance Certificate (TCC), to our business owners, professionals, service providers, students, political appointment. etc
#taxation #incometax #income #business #financialservice #advocacymatters
Federal Inland Revenue Service - FIRS
Its a reminder for remittance of PAYE as at 10th of every month.
Business owners , professionals, service provers should be conscious to that, in other to safe penalty from the tax authority.
#taxation #incometax #business #financialservice #youth
Federal Inland Revenue Service - FIRS
Subsector of oil & gas in Nigeria: Upstream , Downstream & Midstream.
Also, Niger delta development levy (NDDC) collected 3% of all oil company's & gas sector in Niger delta.
#taxation #financialservice #income #advocacymatters #incometax
Federal Inland Revenue Service - FIRS
