It has been 6 months of demanding work for most Auditors and Accountants. Most Companies in Nigeria are 31 December financial year-end. Some companies are 31 December due to:
Regulatory requirements e.g Banks, Insurers, Stockbrokers, etc;Desire to be aligned to Government fiscal year or personal ... Read More
Privacy Policy
Last updated: December 26, 2024
This Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your information when You use the Service and tells You about Your privacy rights and how the law protects You.
We use Your Personal data to provide and improve ... Read More
Finance Act 2020
The Finance Act 2020 is the most recent developments within the Nigerian tax space. The Act amended seven major tax laws in Nigeria to make them suitable to meet present economic realities.
The tax laws affected are:
Companies Income Tax Act;... Read More
The position of the law on stamp duty recently is that it is the responsibility of the FIRS to collect stamp duty on behalf of the Federal Government. This is the tenable position in the light of available evidence.
In the first instance, since 1939 ... Read More
Nigerian Tax Laws
Taxes are established by law in Nigeria. By implication, such tax must have been passed into law through enactment of relevant statute (Act, By-law, decree among others). The tax law establishes the administrative body and specify its tax jurisdiction. Tax laws impose ... Read More