I’ve always been confused about how employers calculate salary tax in Nigeria. For example, when someone receives a salary, different deductions usually appear such as: • PAYE tax • Pension • NHF • NHIS What I really want to understand is:Read more
Fokona Latest Questions
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
I work in a government firm and I am being deducted tax. On my tax slip it is written that my tax is being remitted to Niger State. If I am to file my tax return, must I go to ...Read more
When reading a company’s financial statement what should I look at in the statement, is it only the profit/loss,cash position,assets and debt level I should look at or the whole information in the financial statement, because some of them maybe ...Read more
Is it important for person without a registered business to file an annual return? What are the possible penalty for not filing?
Please kindly explain in details how taxes on shares profits are paid, are they being deducted directly by the stock brokers or the individual or company do the payment by themselves
If I’m a salary earner, paying tax directly from my salary, am I still expected to fill the tax returns, or will my company do this?
How Can I File My Personal Income Tax For Oyo State Easily Without Mistakes?
For some that work in a company and PAYE is removed every month from you salary. Do you need to submit any evidence for the PAYE?
I just registered my business as a limited by January this year. Does this Filing of tax before 31st of this month that is circulation also applies to my business as well?