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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

Oyebisi Opeyemi lnyeinengi
Oyebisi Opeyemi lnyeinengi
Asked: April 5, 2026In: TAX & GOVERNMENT FINANCE

Do I Still Need to File Personal Income Tax in Nigeria If It’s Deducted from My Salary (PAYE)?

As a civil servant whose tax is being deducted directly from my salary,do l still need to file for personal income tax?

tax
2
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Ugwu Samuel
Ugwu Samuel
Asked: July 29, 2026In: TAX & GOVERNMENT FINANCE

Do salary earners who pay PAYE need to file annual tax returns in Nigeria?

As a salary earner who pays PAYE. It deducted from my payment every month. Do I need to fill my tax. I want to know because we already pay tax every month

annual tax returnfirspayepaye nigeriatax filing
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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
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Nasir Shehu
Nasir Shehu
Asked: March 18, 2026In: TAX & GOVERNMENT FINANCE

How Do I Declare and File Personal Income Tax (PIT) in Nigeria Before the Deadline?

Now that the PIT has been made mandatory to declare by each and every individual, please how can I do mine, seeing the deadline is fast approaching?

firs tax declarationpersonal income taxtax
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Anonymous
Anonymous
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

Do Nigerians Living Abroad Need to File Personal Income Tax in Nigeria If They Have Nigerian Bank Accounts for Investments and Transfers?

Does tax Filling include citizens living and doing business outside Nigeria and also has a Nigerian bank account for stock trading and family & friends welfare.

diaspora tax nigeriafirs rulespersonal income tax nigeria
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Owen A
Owen A
Asked: March 31, 2026In: TAX & GOVERNMENT FINANCE

How Do Federal Workers in Nigeria File Personal Income Tax When They Have Side Hustles in Addition to Salary?

I am a federal worker living in taraba state, and tax is been deducted every month, how can I file my tax and also I have a side hustle too, how do I reconcile the two income before filing my ...Read more

tax filingtaxation
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Demi Philips
Demi Philips
Asked: April 6, 2026In: TAX & GOVERNMENT FINANCE

Where Can I Find Official Tax Filing Websites for All Nigerian States and How Do I File Personal Income Tax Nationwide?

I commend your efforts in assisting Nigerians in overcoming financial ignorance. Additionally, regarding tax filing, could you please provide credible links for all 36 states, including the Federal Capital Territory? (Example: lirs.gov.ng) or some of which may require an individual ...Read more

tax
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OluyomiWilliamsImole
OluyomiWilliamsImole
Asked: August 6, 2026In: TAX & GOVERNMENT FINANCE

Do I need to worry about penalties if I missed the March 31 tax filing deadline in Nigeria?

Please the last time we were to file tax (March 31st 2026) deadline, I tried getting the tax website of my both my resident and home states both all to no avail, I tried contacting a few friends I know ...Read more

annual tax returntax compliancetaxation
2
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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
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Mama Ngozi
Mama Ngozi
Asked: May 26, 2026In: TAX & GOVERNMENT FINANCE

How is Salary Tax calculated in Nigeria?

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

personal income taxsalary tax nigeriatax calculation
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