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
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
FinSV Gaming Limited (SVG) is a sports betting business that uses a network of agents including Retail Agents throughout Nigeria to reach its customers. The customers place bets and pay the stakes to the Retail
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.
In light of the outbreak of COVID-19 in Nigeria, we wish to inform our clients and the general public of the temporary closure of all our offices nationwide, effective Tuesday 24th March, 2020 till further
Filing annual returns ensures that a business complies with the requirement of the tax…
Why is CIT administration important? For one, it ensures that all resident & non-resident companies…
PIT Rate PIT rate is applied on a graduated scale and taxable income bands…
What is Personal Income Tax? Personal income tax (PIT) is the tax imposed on…
Today we’ll discuss What CGT is, what assets qualify for CGT, who pays CGT,…
Withholding tax (WHT) is an advance payment of income tax which may be used…
There are VATable and non-VATable goods and services. In this video, we explain what some…
The amount remitted to the tax authorities as a business owner is “tax liability”. In…
Do you know that as a final consumer you pay Value Added Tax (VAT)? In…
