How to File and Pay Taxes

State Government Taxes for Micro, Small and Medium Enterprises (MSMEs)

State Government Taxes for Micro, Small and Medium Enterprises (MSMEs)

By Deloitte Nigeria 2 min read
The administration of taxes in Nigeria is vested in the various tax authorities at each tier of government, depending…
Tax incentives in Nigeria

Tax incentives in Nigeria

By Deloitte Nigeria 2 min read
Small businesses are crucial to development and sustainability of any economy. Indeed, Nigeria's economy is…
Pension contributions in Nigeria: Obligations for remittance (Part 2)

Pension contributions in Nigeria: Obligations for remittance (Part 2)

By Deloitte Nigeria 1 min read
A summary of employee and employer obligations is shown in the table below: Subject Employer …
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

By Adenike Adeyemi 1 min read
The Federal Government of Nigeria recently approved twenty-seven (27) new industries for inclusion in the list of…
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: …
Are Interns Supposed to Pay Taxes?

Are Interns Supposed to Pay Taxes?

By DIY Law 1 min read
Hi Zainab, I'd like to make inquiries about interns and taxes. I have a small business I run, which deals in…
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
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
Federal Government Taxes for Micro Small and Medium Scale Enterprises (MSMEs)

Federal Government Taxes for Micro Small and Medium Scale Enterprises (MSMEs)

In Nigeria, the right to administer and collect taxes is distributed between the three tiers of
By Deloitte Nigeria 2 min read
Tax Administration Automation: Hassle of the taxpayer

Tax Administration Automation: Hassle of the taxpayer

The impact of advances in information and communication technology in sectors such as
By Deloitte Nigeria 2 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
Frequently Asked Questions and Answers on General Tax Administration

Frequently Asked Questions and Answers on General Tax Administration

Photo Credit: Question 1 What happens when a taxpayer's payment is posted to a wrong tax
By Oyindamola Adeosun 4 min read
Who pays for Value Added Tax and Withholding Tax?

Who pays for Value Added Tax and Withholding Tax?

Most small business owners are usually confused about the application of Value Added Tax and
By Nairametrics Financial Advocates 2 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
Here's Whats New on Tax Identification Number

Here's Whats New on Tax Identification Number

As part of the Ease of Doing Business Initiatives, the Corporate Affairs Commission (CAC) has
By Oluchi Johnson-Achibiri 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
Frequently Asked Questions and Answers on Withholding Tax

Frequently Asked Questions and Answers on Withholding Tax

Photo Credit:  Question 1 What is Withholding Tax (WHT)? Answer: Withholding Tax is
By Oyindamola Adeosun 3 min read
FIRS could seal your office if you get these two notices

FIRS could seal your office if you get these two notices

The Federal Inland Revenue Service (FIRS) has made it clear to businesses in Nigeria
By Nairametrics Financial Advocates 1 min read
Registration of Micro, Small and Medium Enterprises (MSMEs) for tax purposes

Registration of Micro, Small and Medium Enterprises (MSMEs) for tax purposes

Micro, Small and Medium Enterprises (MSMEs) are the crux of economic growth of any nation.
By Deloitte Nigeria 3 min read
FAQs on General Tax Issues for Nigerian MSMEs

FAQs on General Tax Issues for Nigerian MSMEs

1. Why are MSMEs required to pay Tax? MSMEs, like other taxpayers are considered as legal and
By Deloitte Nigeria 2 min read
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