Category: Taxes
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Withholding Tax in Nigeria: A Handy Guide
Understand withholding tax in Nigeria with our detailed guide. Learn about the essential tips for taxpayers and consultants.
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Income Tax in Nigeria: Everything You Need to Know in 2024
Income Taxes in Nigeria
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The Tax Tango: Unraveling the Dance of Why We Pay Taxes
Think of Paying Taxes like Dancing.
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Calculating Value Added Tax (VAT) in Nigeria
For businesses operating in Nigeria, a comprehensive understanding of VAT and its calculation is imperative. This article aims to demystify VAT, providing insights into understanding and calculating Value Added Tax (VAT) in Nigeria.
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Why Your Business Needs a Tax Identity Number in 2024
As we step into the new year, many businesses are strategizing to accomplish their objectives for 2024. If your business operates in Nigeria, acquiring a Tax Identity Number (TIN) should be a priority to set by the conclusion of the first quarter.
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Easy Tax Payment in Nigeria
Paying taxes in Nigeria shouldn’t be difficult. This article break
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Filing your Annual Tax Returns in Nigeria.
Introduction Imagine you work in a boutique, and your role is to collect the cloth hanger whenever a customer makes a purchase. At the end of the year, you are meant to return all the hangers you’ve collected for the year, and your return is used to measure how many units of clothing were sold…
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Tax Evasion and its Penalties in Nigeria
Tax evasion, the deliberate act of not paying owed taxes, might seem like a shortcut to financial freedom, but in reality, it leads individuals and businesses down a treacherous path of consequences. Understanding the ramifications is crucial in Nigeria, where tax evasion is taken very seriously. Understanding Tax Evasion in Nigeria Tax evasion encompasses a…
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Obtaining Your Tax Identification Number in Nigeria
Tax Identification Number popularly called TIN is a unique number issued by the Federal Inland Revenue Service, the federal tax authority in Nigeria. The primary purpose of the TIN is for identification of taxpayers in Nigeria, either as an individual or an organization. One of the most popular places where having a Tax Identification Number…
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Paying Company Taxes with TaxPal: A guide.
Learn easy ways for companies to pay taxes in Nigeria. Our guide simplifies how to Remit Your Company Taxes with Taxpal.