LIRS introduces e-filing of annual tax returns

The Lagos State Internal Revenue Service (LIRS) has changed the tax filing narratives. According to the Personal Income Tax Act (PITA) Cap P8 LFN 2011…

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A complete guide on employer tax return in Nigeria

An employer is required to deduct Pay-As-You-Earn (PAYE) tax from employees' salary in each month. Thereafter, the employer must remit the amount to the relevant…

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Tax equalization for expatriates

Global mobility will be easier if employment tax rates are the same in every country. Well, it isn’t! The tax liability of an employee often…

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Expatriate tax in Nigeria

Multinational companies often send employees to another country for business purposes. It could be a formal or an informal assignment. An example of employees on…

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PAYE Tax Nigeria – Guide to taxation of employees

Personal Income Tax (Amendment) Act, 2011 (“PITAM”) is the principal act for the taxation of employees in Nigeria. Employees pay tax based on residency. Thus, an employee…

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