After the tax authority conducts an audit on business records, the next step is usually a tax audit reconciliation meeting. The purpose is to resolve…
In March 2020, taxpayers in Lagos State received an additional period of 2 months to file the annual individual tax returns or Form A. The…
Usually, the gross salary on an employment contract differs from the monthly salary which an employee receives. Our earlier article on payroll and statutory contributions…
To lower the impact of COVID-19 on taxpayers, the Federal Capital Territory Internal Revenue Service (FCT-IRS) has extended the time for filing the annual individual…
To lower the impact of COVID-19 on taxpayers, the Lagos State Internal Revenue Service (LIRS) has extended the time for filing the annual individual tax…
On 22 January 2020, the Tax Appeal Tribunal in South-South zone decided that a tax authority is not allowed to carry out PAYE tax audit…
According to the Personal Income Tax Act (PITA) Cap P8 LFN 2011 (as amended), every employer shall file employer tax returns (Form H1) with the…
Hauwa Obi was excited to receive her first salary in September 2019. She was however surprised to see three statutory deductions on her payslip. "Could…
On 20 June 2019, the Tax Appeal Tribunal presiding in Abia State ruled in Nigerian Breweries Plc. vs Abia State Board of Internal Revenue &…
The Tax Appeal Tribunal (“TAT”), on 18 June 2019, delivered a ruling on the exemption of voluntary pension contribution (VC) of employees from PAYE tax in Nexen…