Appointment of Chairman and Managing Partner
Sequel to the retirement of Mr David Abiodun Olaleye as Chairman, in line with the firm’s policy, the partners of Nexia Agbo Abel & Co. are pleased to announce the appointment of Mr Abel Onyeke
Articles
A Review of TAT’s Ruling on the Applicability of Withholding Tax on management Fees Paid to a Non-resident Company
On 6 December 2021, the Tax Appeal Tribunal (TAT) sitting in Lagos delivered a judgment on the applicability of Withholding Tax on management fees paid to a non-resident company. The judgment suggests that wording an
Previously Exempted Investment Income may now be Liable to Tax Effective from 2 January 2022
Recall that on 2 January 2012, the federal government issued the Companies Income Tax (Exemption of Bonds and Short-Term Government Securities) Order, 2011. The Order granted corporate income tax waiver on all bonds and debt
News
Appointment of Chairman and Managing Partner
Sequel to the retirement of Mr David Abiodun Olaleye as Chairman, in line with the firm’s policy, the partners of Nexia Agbo Abel & Co. are pleased to announce the appointment of Mr Abel Onyeke
Nexia Agbo Abel & Co. announces new partner, Kofi Alex Peddler
Nexia Agbo Abel & Co is proud to announce its new partner, Kofi Alex Peddler, effective 1 January 2021. Kofi began his professional career with the firm in 2005 and grew rapidly through the ranks.
Nexia Agbo Abel & Co. donates to NCDC to support fight against COVID-19
The world currently navigates uncharted waters. The COVID-19 pandemic is changing the way we do business and interact, but at Nexia Agbo Abel & Co., it has not changed its values. In commemoration of its
Nexia Business Series
Tax administration in Nigeria 2: Filing & Assessment
Filing annual returns ensures that a business complies with the requirement of the tax…
Tax Administration in Nigeria
Why is CIT administration important? For one, it ensures that all resident & non-resident companies…
Calculating Personal Income Tax (PIT)
PIT Rate PIT rate is applied on a graduated scale and taxable income bands…
What is Personal Income Tax (PIT)?
What is Personal Income Tax? Personal income tax (PIT) is the tax imposed on…
What is Capital Gains Tax (CGT Simplified)
Today we’ll discuss What CGT is, what assets qualify for CGT, who pays CGT,…
Withholding Tax Simplified
Withholding tax (WHT) is an advance payment of income tax which may be used…
What are VATable and non-VATable goods and services?
There are VATable and non-VATable goods and services. In this video, we explain what some…
VAT: How to calculate VAT as a business owner
The amount remitted to the tax authorities as a business owner is “tax liability”. In…
VAT: What is Value Added Tax?
Do you know that as a final consumer you pay Value Added Tax (VAT)? In…
