How to File and Pay Taxes

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

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

By Deloitte Nigeria 2 min read
This article is the second part of the series "Income tax of a Business Name - the nitty gritty". Having determined the…
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…
Protecting your bottom-line: avoidable tax costs

Protecting your bottom-line: avoidable tax costs

By Abisoye Ayoola 3 min read
In the course of my about a decade tax career, the experience has been that time and time again businesses suffer…
Federal Government Taxes for Micro Small and Medium Scale Enterprises (MSMEs)

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

By Deloitte Nigeria 2 min read
In Nigeria, the right to administer and collect taxes is distributed between the three tiers of Government; Federal,…
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…
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
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
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
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
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
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
Due Dates for Filing Tax Returns and Statutory Deductions

Due Dates for Filing Tax Returns and Statutory Deductions

We have highlighted in the table below, timelines for filing common tax returns and statutory
By Deloitte Nigeria 4 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
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
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
Income tax of a Business Name - the nitty gritty (1)

Income tax of a Business Name - the nitty gritty (1)

Small and medium enterprises (SMEs) are the bedrock of every economy. According to the Nigeria
By Deloitte Nigeria 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
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
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
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