Filing and Paying Taxes

Key things to know about the Nigerian Tax System

Key things to know about the Nigerian Tax System

By Chukwuemeka Ayogu 1 min read
If your business is structured as an enterprise it is important to know that there are some taxes you shouldn't…
Appeasing the Tax Man: Practical Steps to Effective Tax Compliance

Appeasing the Tax Man: Practical Steps to Effective Tax Compliance

By Deloitte Nigeria 1 min read
Tax-related issues are becoming a recurrent theme both in the international and local media, particularly in the sports…
FAQs on General Tax Issues for Nigerian MSMEs

FAQs on General Tax Issues for Nigerian MSMEs

By Deloitte Nigeria 2 min read
1. Why are MSMEs required to pay Tax? MSMEs, like other taxpayers are considered as legal and economic persons and as…
Pioneer Status Tax Incentive in Nigeria

Pioneer Status Tax Incentive in Nigeria

By Oyindamola Adeosun 1 min read
Pioneer status tax holiday is an initiative by the Nigerian government designed to encourage the growth of specific…
Due Dates for Filing Tax Returns and Statutory Deductions

Due Dates for Filing Tax Returns and Statutory Deductions

By Deloitte Nigeria 4 min read
We have highlighted in the table below, timelines for filing common tax returns and statutory deductions: …
Why taxpayers evade tax: Possible solutions

Why taxpayers evade tax: Possible solutions

By Deloitte Nigeria 2 min read
Benjamin Franklin was apt when he said "In this world nothing can be said to be certain, except death and taxes". Some…
Tax Implications of Accounting Errors (1)

Tax Implications of Accounting Errors (1)

Nigeria currently operates a self-assessment tax regime. What this means is that taxpayers are
By Deloitte Nigeria 3 min read
Income tax of a Business Name - the nitty gritty (2)

Income tax of a Business Name - the nitty gritty (2)

This article is the second part of the series "Income tax of a Business Name - the nitty gritty".
By Deloitte Nigeria 2 min read
All You Need to Know About the FG's New Pioneer Status Tax Incentive

All You Need to Know About the FG's New Pioneer Status Tax Incentive

The Federal Government of Nigeria recently approved twenty-seven (27) new industries for
By Adenike Adeyemi 1 min read
How to avoid paying excessive taxes in Nigeria

How to avoid paying excessive taxes in Nigeria

Taxes are statutory obligations of every citizen and businesses in a country. It is thus a major
By Nairametrics Financial Advocates 8 min read
Local Government Taxes for Micro Small and Medium Scale Enterprises

Local Government Taxes for Micro Small and Medium Scale Enterprises

Nigeria is a Federation with Governmental authority distributed along Federal, State and Local
By Deloitte Nigeria 2 min read
Overview and importance of stamp duties

Overview and importance of stamp duties

Stamp duties are taxes levied on instruments executed by both companies and individuals. The duty
By Deloitte Nigeria 1 min read
MSME Tax 101 - What is VAT?

MSME Tax 101 - What is VAT?

Value added tax (VAT) is a compulsory consumption tax charged and payable on the supply of all
By Deloitte Nigeria 5 min read
Understanding Minimum Tax

Understanding Minimum Tax

We all look forward to the festive seasons because it brings with it joy, sense of community,
By Abisoye Ayoola 2 min read
A Start-up Guide To Being Tax Compliant

A Start-up Guide To Being Tax Compliant

Nkechi is the co-founder of a blooming start-up. She's a model business owner as she does
By DIY Law 3 min read
7 key facts on Nigeria's Companies Income Tax

7 key facts on Nigeria's Companies Income Tax

The legal framework establishing the Companies Income Tax (CIT) is the Companies Income Tax Act Cap
By Deloitte Nigeria 3 min read
List of Regulatory Bodies in Nigeria that Entrepreneurs Should Know

List of Regulatory Bodies in Nigeria that Entrepreneurs Should Know

As a business owner, you probably know that your business is regulated by different laws. Some of
By DIY Law 4 min read
What do MSMEs stand to gain from paying taxes?

What do MSMEs stand to gain from paying taxes?

Paying taxes in Nigeria is one of the inevitable duties of every business owner yet an
By Deloitte Nigeria 2 min read
Understanding Value Added Tax (VAT) in Nigeria

Understanding Value Added Tax (VAT) in Nigeria

Value Added Tax (VAT) is an indirect tax levied at a rate of 5% on goods and services consumed. The
By Oyindamola Adeosun 1 min read
MSME Tax 101 - What is CIT?

MSME Tax 101 - What is CIT?

Companies income tax (CIT) is a type of tax levied on profits of limited liability companies
By Deloitte Nigeria 4 min read
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