Importance of Good Tax System for Your Company
Importance of Good Tax System for Your Company This is the same as requirements, characteristics, procedures of good tax system for your business. As tax consultants we want to look…
Out Tax Management articles provide you with the rightful resources you need to know to manage and handle taxes and more.
Nigeria VAT Increases from 5% to 7.5% by 2020
Nigeria VAT Increases from 5% to 7.5% by 2020 Nigerians to pay more for goods and services over proposed VAT increase. This means that Nigerians may have to pay more…
Personal Income Tax Formula: Non-Allowable Expenses
Personal Income Tax Formula: Non-Allowable Expenses Personal Income Tax Formula: Non-Allowable Expenses - In this re non-allowable expenses for personal income tax administration and computation in Nigeria. Individuals, Sole Traders…
Personal Income Tax Allowable Expenses You Must Claim
Personal Income Tax Allowable Expenses You Must Claim - Individuals, Sole Traders or Proprietors, and employees, all make personal allowances claims to arrive at their taxable income. Therefore, inherent questions…
Personal Income Tax (PIT) Analysis: Assessable Income
Personal Income Tax (PIT) Analysis: Assessable Income - Is Assessable income equal to adjusted profit or adjusted income or Taxable income? The Nigeria personal income tax act 2014 has the…
Personal Income Tax (PIT) Equation: Gross Income
Personal Income Tax (PIT) Equation: Gross Income - There are various principles to note about gross income for tax purposes in Nigeria. These include the components of gross income, gross…
Personal Income Tax (PIT) Formula: PAYE Computation
Personal Income Tax (PIT) Formula: PAYE Computation - Associated with this are PAYE calculation formula, monthly PAYE tax calculator, Personal Income Tax Act in Nigeria all giving rise to how…
Personal Income Tax (PIT) Equation: PIT Computation for Sole Proprietor
Personal Income Tax (PIT) Equation: PIT Computation for Sole Proprietor - The thrust of this write-up is on the Personal Income Tax Act as amended in Nigeria. This write-up therefore,…
Computation of Sole Proprietor’s Tax Liability in Nigeria
Computation of Sole Proprietor's Tax Liability in Nigeria - Computation of Sole Proprietor's Tax Liability in Nigeria therefore is related to tax types in Nigeria. Those concerned are small businesses,…
Sole Proprietor & Partnership Tax Conditions in Nigeria
Sole Proprietor & Partnership Tax Conditions in Nigeria - The fact that majority of businesses in Nigeria are in the hands of sole proprietorship or partnership makes this topic an…