How to File and Pay Taxes

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: …
Tax Administration Automation: Hassle of the taxpayer

Tax Administration Automation: Hassle of the taxpayer

By Deloitte Nigeria 2 min read
The impact of advances in information and communication technology in sectors such as transportation, communication,…
What do MSMEs stand to gain from paying taxes?

What do MSMEs stand to gain from paying taxes?

By Deloitte Nigeria 2 min read
Paying taxes in Nigeria is one of the inevitable duties of every business owner yet an unwanted obligation,…
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…
Registration of Micro, Small and Medium Enterprises (MSMEs) for tax purposes

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

By Deloitte Nigeria 3 min read
Micro, Small and Medium Enterprises (MSMEs) are the crux of economic growth of any nation. According to Ibrahim…
How to avoid paying excessive taxes in Nigeria

How to avoid paying excessive taxes in Nigeria

By Nairametrics Financial Advocates 8 min read
Taxes are statutory obligations of every citizen and businesses in a country. It is thus a major factor in…
Pioneer Status Tax Incentive in Nigeria

Pioneer Status Tax Incentive in Nigeria

Pioneer status tax holiday is an initiative by the Nigerian government designed to encourage the
By Oyindamola Adeosun 1 min read
Pension contributions in Nigeria: Obligations for remittance (Part 2)

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

A summary of employee and employer obligations is shown in the table below: Subject
By Deloitte Nigeria 1 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
Tax incentives in Nigeria

Tax incentives in Nigeria

Small businesses are crucial to development and sustainability of any economy. Indeed,
By Deloitte Nigeria 2 min read
State Government Taxes for Micro, Small and Medium Enterprises (MSMEs)

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

The administration of taxes in Nigeria is vested in the various tax authorities at each tier of
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
Pension contributions in Nigeria: Obligations for remittance (Part 1)

Pension contributions in Nigeria: Obligations for remittance (Part 1)

The National pension scheme is a compulsory arrangement where both employees and employers put some
By Deloitte Nigeria 1 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
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
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
Appeasing the Tax Man: Practical Steps to Effective Tax Compliance

Appeasing the Tax Man: Practical Steps to Effective Tax Compliance

Tax-related issues are becoming a recurrent theme both in the international and local media,
By Deloitte Nigeria 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
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
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
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