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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. Inherent questions on this fact are:...
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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 answer to these. This...
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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 income formula, the difference between...
