Sign Up

Continue with Google
or use


Have an account? Sign In Now

Sign In

Continue with Google
or use


Forgot Password?

Don't have account, Sign Up Here

Sorry, you do not have permission to ask a question, You must login to ask a question.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Sorry, you do not have permission to add post.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Fokona Logo Fokona Logo
Sign InSign Up

Fokona

Fokona Navigation

  • Home
  • Courses
  • Live Events
  • Contact Us
Search
Ask A Question

Mobile menu

Close
EXPLORE OUR COURSES
  • Home
  • Members
  • Questions
  • Topics
  • Courses
  • Creators
  • Calculators
    • Investment Calculator
    • PAYE Tax Calculator
  • MORE
    • Polls
    • Join Groups
    • Create new Group
    • Publish News
  • Help
  • News

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.

Share
  • Facebook
83 Followers
245 Answers
117 Questions
  • Recent Questions
  • Most Answered
  • Answers
  • No Answers
  • Most Visited
  • Most Voted
  • Random
  • New Questions
  • Sticky Questions
  • Polls
  • Recent Questions With Time
  • No Answers With Time
  • New Questions With Time

Fokona Latest Questions

Maureen
Maureen
Asked: May 25, 2026In: TAX & GOVERNMENT FINANCE

How do I verify my personal tax id?

Please, can you throw more light on tax id generation and verification and the right office for it. I generated my tax id online by inputting my NIN last year. Fast forward to yesterday, I wanted to complete my kyc ...Read more

double taxationpersonal tax idtaxtax verification
2
  • 0
  • 2 2 Answers
Anonymous
Anonymous
Asked: May 19, 2026In: TAX & GOVERNMENT FINANCE

Are Incorporated Trustees and Churches Required to File Tax Returns?

pls how do I file tax for incorporated Trustee( A Church)…I was told initially it’s tax free.

firsnonprofit compliancetax filingtax regulations
1
  • 0
  • 1 1 Answer
Fokona Community
Fokona CommunityCommunity Desk
Asked: May 16, 2026In: TAX & GOVERNMENT FINANCE

Does FIRS Tax a Holding Company as One Group in Nigeria or Tax Each Subsidiary Separately?

Hi IKing Ferry, Please I need more clarification about how tax works for holding companies and group structures in Nigeria. For example, if somebody owns a holding company with multiple subsidiaries under it, does FIRS now NRS calculate the tax ...Read more

company income taxpit in nigeriatax in nigeriataxation
2
  • 1
  • 2 2 Answers
Shadrach
Shadrach
Asked: May 1, 2026In: TAX & GOVERNMENT FINANCE

When is a newly registered company in Nigeria (July 2025) required to start filing tax returns with FIRS?

A welder who registered as a company since July 2025, when is it due to file my tax and how do I go about it? Thanks

company tax filing nigeriacompany tax rules nigeriatax deadline nigeria
2
  • 0
  • 2 2 Answers
kolawole owolabi
kolawole owolabi
Asked: April 26, 2026In: TAX & GOVERNMENT FINANCE

Do companies in Nigeria pay 30% Company Income Tax on money market mutual fund investments through a corporate brokerage account?

Good evening Mr ferry please I have a question bothering me I will need your advice on this.. do I pay any other tax if I use my cooperate brokerage account to invest in money market mutual fund …I heard ...Read more

tax
1
  • 0
  • 1 1 Answer
Rephaiah
Rephaiah
Asked: April 23, 2026In: TAX & GOVERNMENT FINANCE

How Are Stock Investment Profits Taxed in Nigeria? Do Brokers Deduct Taxes or Do Investors Pay?

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

tax
2
  • 1
  • 2 2 Answers
Emmanuel
Emmanuel
Asked: April 22, 2026In: TAX & GOVERNMENT FINANCE

How can a civil servant file personal income tax with FIRS in Nigeria?

Please I want to know how to file a tax by civil servant Thanks

tax
3
  • 0
  • 3 3 Answers
Juliet
Juliet
Asked: April 22, 2026In: TAX & GOVERNMENT FINANCE

At what income level are individuals required to start paying tax in Nigeria under the new tax rules?

Please, according to the new tax law, how much must an individual/company make in order to be able to pay tax?

firs regulationsincome taxnigeria taxation
2
  • 0
  • 2 2 Answers
Anonymous
Anonymous
Asked: April 20, 2026In: TAX & GOVERNMENT FINANCE

How can a corps member file personal tax in Enugu State, Nigeria?

I’m a corps member, How do I file my personal tax knowing full well that the allowance the government pay us is temporary?

enugupersonal income taxtax filling
1
  • 0
  • 1 1 Answer
Temitope Ogunji
Temitope Ogunji
Asked: April 18, 2026In: TAX & GOVERNMENT FINANCE

How do I file Tax annual returns for my company in Nigeria for the first time?

Good day sir, I want to ask this question. Or better let me putit this way…How do I go about filling my annual returns? I haven’t done it since I registered my company

annual returnscompany income taxpersonal income taxtax filling
1
  • 0
  • 1 1 Answer
Load More Questions

Sidebar

  • Popular
  • Answers
  • Okoye victor

    Is Investing ₦1 Million in Stocks Better Than Starting a ...

    • 128 Answers
  • Uche

    How Are Returns Generated and Reinvested in a Money Market ...

    • 54 Answers
  • NUM

    What Is the Difference Between Bonds and Treasury Bills in ...

    • 33 Answers
  • Mama Ngozi AI
    Mama Ngozi AI added an answer Mama Ngozi, let me tell you a story about how… October 12, 2026 at 9:11 pm
  • Ugochi Nsofor
    Ugochi Nsofor added an answer Intelligent question. From my little experience of owing a small-scale… October 12, 2026 at 3:29 pm
  • Mama Ngozi AI
    Mama Ngozi AI added an answer Imagine Mama Ngozi, the vibrant tomato seller in the village,… October 12, 2026 at 2:39 pm

Fokona Verified Experts

Fokona

Fokona

  • 1 Question
  • 50k Points
Official Account
Mama Ngozi AI

Mama Ngozi AI

  • 0 Questions
  • 48k Points
Official Fokona AI
Iking Ferry

Iking Ferry

  • 16 Questions
  • 30k Points
Fokona CEO
Chinedu Okafor, CFA

Chinedu Okafor, CFA

  • 0 Questions
  • 11k Points
Expert
Fokona Community

Fokona Community

  • 23 Questions
  • 10k Points
Community Desk

Explore Top Finance Topics on Fokona

beginner investing cscs cscs account Financial Literacy fokona Investing investment investnaija money market mutual fund Mutual Funds mutual funds nigeria ngx ngx investing ngx stocks nigerian stock market nigerian stocks stock Stock Market tax Wealth Building

Explore

  • Home
  • Members
  • Questions
  • Topics
  • Courses
  • Creators
  • Calculators
    • Investment Calculator
    • PAYE Tax Calculator
  • MORE
    • Polls
    • Join Groups
    • Create new Group
    • Publish News
  • Help
  • News

Footer

Fokona

Fokona is Africa's financial intelligence platform, Ask questions, learn, and grow your wealth with the right knowledge.

Disclaimer: Content on Fokona is for educational purposes only and not financial advice. Always do your own research or consult a licensed professional before making decisions.

COMPANY

  • About Us
  • Contact Us
  • Become An Instructor
  • Careers
  • Blog

PRODUCTS

  • Courses
  • Events
  • Investment Calculator
  • Tax Calculator
  • Mama Ngozi AI
  • Community

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
  • Guidelines
  • Financial Disclaimer
  • Content Disclaimer
  • Refund Policy

Follow Us:

© 2026 Fokona. All Rights Reserved.
Designed by NaijaTraffic Group