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TAX & GOVERNMENT FINANCE

This section explains how taxation works in Nigeria. Learn how to file your taxes, understand FIRS, NRS and state tax systems, and stay compliant. Ask questions and get clear answers to avoid costly mistakes.

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Fokona Latest Questions

Mama Ngozi
Mama Ngozi
Asked: May 26, 2026In: TAX & GOVERNMENT FINANCE

What Deductions Can Reduce PAYE Tax Legally in Nigeria?

I recently discovered that some deductions can legally reduce the amount of PAYE tax a salary earner pays in Nigeria, but I don’t fully understand how it works. For example, I’ve heard people mention things like: • Pension contributions • NHF ...Read more

paye nigeriapittax in nigeriatax relief
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Dominic Iyasele
Dominic Iyasele
Asked: March 26, 2026In: TAX & GOVERNMENT FINANCE

Is the March 31 Tax Filing Deadline for This Year or the Next Year in Nigeria?

Hello community. I’ve been seeing March 31 as the deadline for tax filing for individuals earning Personal Income Tax. Pls, I want to know if it is for this year or next year? I initially thought tax filing will be ...Read more

tax filing
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Anonymous
Anonymous
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

How Do I File Taxes in Nigeria After Registering a Limited Liability Company for My Business?

If I just registered a LLM for my business how will I file my taxes remember I have been using my personal account for my business a

business taxation nigeriacompany tax nigeriallc nigeria
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Leonard O
Leonard O
Asked: April 6, 2026In: TAX & GOVERNMENT FINANCE

How Can I File My Personal Income Tax Correctly in Anambra State, Nigeria as a Contractor?

I am from Anambra state and in construction ìndustrÿ. How do I file my income tax. Most money to me are for clients money to buy materials and pay labour. THANKS

pittax
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Yusuf Omeiza Sunny-Tim
Yusuf Omeiza Sunny-Tim
Asked: March 21, 2026In: TAX & GOVERNMENT FINANCE

Do I Need FIRS Registration After Getting a JTB TIN for My Business in Nigeria?

I registered a business name with the CAC in May, 2021. I obtained a JTB TIN for it and opened a bank account with it. Although, the business is yet to operate fully but I’ve been keeping the bank account ...Read more

taxation
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ChidozieJameskingsleyOkenyi
ChidozieJameskingsleyOkenyi
Asked: March 22, 2026In: TAX & GOVERNMENT FINANCE

How Do I Track Sales, Costs, and Income for Accurate Tax Filing?

How do I structure and record my sales for easily calculation,adding the market i bought to know my income to be able to file my tax

taxtax filing
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Onyitony
Onyitony
Asked: March 22, 2026In: TAX & GOVERNMENT FINANCE

How Do I File My Taxes in Nigeria With a TIN?

Please how can I get my tax filing done I already have tin number

tax filing
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Anonymous
Anonymous
Asked: March 22, 2026In: TAX & GOVERNMENT FINANCE

What Is the Difference Between PAYE and Personal Income Tax in Nigeria?

What is the difference between PAYE and Personal Income Tax.

payepersonal income tax
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ADAZIE CHIBUIKE SOLOMON
ADAZIE CHIBUIKE SOLOMON
Asked: March 22, 2026In: TAX & GOVERNMENT FINANCE

How Can a Limited Liability Company Owner File Annual Tax Returns Without Hiring a Financial Expert?

How can I file annual tax return without employing any financial expert

cittax filling
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Jennifer Oramulu
Jennifer Oramulu
Asked: March 23, 2026In: TAX & GOVERNMENT FINANCE

Can I Register and File PAYE Tax Online for My NGO Staff Through Federal Inland Revenue Service in Anambra State?

My organization is an NGO, we currently have 2 staff and we are registered with CAC and FIRS, we already start to file Nil BAT and CIT on our taxpromax account we need to register and remit PAYE TAX for ...Read more

payetax filling
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