Fokona Latest Questions
1. If interest on mutual funds are reinvested quarterly and I want to withdraw my capital before the quarterly reinvestment of the interest, will I be taxed on my initial deposit? 2. The 10% tax on interest in a mutual ...Read more
I tried using https://rsipa.riversstateapps.ng/rivtamis/ to pay my tax, I live in Rivers State, but unlike what Iking has been teaching I did not see fields or criteria to enter my transactions for the year to determine if I’m eligible, I ...Read more
How do I file annual tax returns? My company is a limited liability company and I was told to pay tax for the state government before it’ll be filed to the federal. How do I know how much I’ll pay ...Read more
How can i file my pesonal income tax easily – From Osun state
I’m confused about how taxes work in Nigeria, especially the difference between federal tax and state tax.
If I deposited 35 million into my business account as an amount I want to use in beginning my new business, will the tax authority want to know where the money is actually coming from so they can tax it, ...Read more
If you haven’t paid tax before, what will you file for PIT for the previous year?
As an individual that has a “limited liability company”, do you file both your personal income tax and your company’s income tax, separately?
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