Chargeable income, taxable income and tax payable explained
Novices of taxation have used the terms chargeable income, taxable income and tax payable incorrect…
Novices of taxation have used the terms chargeable income, taxable income and tax payable incorrect…
The Nigerian government provides subsidies for goods and services. One good example is the fuel sub…
As an employee, one of the benefits you stand to gain from your employer is a benefit in kind (BIK)…
The new Nigerian Tax Act 2025 introduced changes to the computation of the pay-as-you-earn (PAYE)…
Tax fraud, tax evasion and non-compliance are the norm for many citizens in a country. As a result,…
The Nigeria Revenue Service (NRS) does not simply collect, assess, and administer taxes in Nigeria.…
The Nigeria Revenue Service has the power to assess, collect, and administer taxes. Taxpayers' …
The Nigeria Revenue Service (NRS) is established to replace the Federal Inland Revenue Service (FIR…
NRS (Establishment) Act 2025 was enacted in June 2025 and will be implemented from January 1st 2026…
The Nigerian Revenue Service (Establishment) Act 2025 (NRSEA) is the law that established the Niger…
From January 2026, the Nigerian government will resume the implementation of the new tax acts. Ther…