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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

NWAOHA EMMANUEL CHINONYE
NWAOHA EMMANUEL CHINONYE
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

How Do Teachers in Nigeria File Personal Income Tax When Their Salary Is Paid Inconsistently Across the Year?

As a teacher, you receive salary for 9 months in a year. For April and December, you are paid half but not get paid for August at all. How can you file your annual tax returns based on these information? ...Read more

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Willy
Willy
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

How Do LLC Taxes and Filing Work in Nigeria for Small Poultry and Egg Businesses?

I’m a small poultry farmer, dealing in eggs and just registered as aLLC but scared of the complexity of LLC and and taxation/ filing

firs tax filingllc nigeriasmall business taxes
3
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Stanley
Stanley
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

Do Nigerians in the Diaspora Need to File Taxes in Nigeria Without Having a Physical Business?

1. Please do diasporans also file taxes in Nigeria even when they don’t have any physical business in Nigeria. 2. Does one file annual return if he engages in NGX stock trading?

diaspora tax nigeriafirs tax rulesinternational income nigerianon-resident taxation nigeria
2
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  • 2 2 Answers
Perpetual
Perpetual
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

How Do Students in Nigeria File Personal Income Tax When They Have Mixed Income From School, Gifts, and Salary?

Since I’m to file for the last one year that’s January 2025 to December 2025, I was still in school then and was just receiving money from friends and family using my opay. Until I opened my sterling bank account ...Read more

firs tax rulesstudent tax nigeriatax filing
1
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Anonymous
Anonymous
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

How Do I File Personal Income Tax in Delta State Nigeria Using the New Tax Platform?

How do I file tax in Delta state

delta state taxpersonal income tax nigeriapit filing deltatax
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AlokaMaryNnenna
AlokaMaryNnenna
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

Can I Use State-Generated TIN for Stock Investment and CSCS Account Registration in Nigeria?

Can I use TIN generated from state for my stock investment details.

cscs account nigeriatax identification numbertin
2
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Mbonu Lucky
Mbonu Lucky
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

Under Nigeria Tax Administration Act, Who Collects Company Income Tax From Registered Limited Liability Companies in Nigeria?

Since state internal revenue service are the one that collect pit from employees and business owners. Who then collect Company income tax from businesses registered as entity and not as enterprise?

company income tax nigerianigeria tax administration act
2
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Adebiyi David
Adebiyi David
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

How Do I Register for Personal Income Tax in Plateau State Nigeria With the State Internal Revenue Service?

Please how do I register for my tax and make annual filing for Plateau State internal revenue service

personal income tax nigeriaplateau state taxtax
1
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Mbonu Lucky
Mbonu Lucky
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

Under the Nigeria Tax Administration Act, Who Collects Personal Income Tax: FIRS or State Internal Revenue Service?

Please which government sector saddled with the responsibility of collecting personal income tax, State internal revenue service or FIRS ?

firs nigerianigeria tax administration acttax
3
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Judith
Judith
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

How do one file annual returns for a CAC-registered company in Nigeria?

Pls how can my husband file annual return. He had a small wrought iron fabrication firm, he registered the firm in 2023 and obtained his CAC. Please guide us on how to file the returns for the company.

cac annual returnstax
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