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
Fokona Latest Questions
I’ve been hearing the term “taxable income” many times whenever people talk about PAYE tax in Nigeria, but I still don’t fully understand what it actually means. Is taxable income the same thing as salary, or is it the amount left ...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
Please can I still do the annual filing as an individual in Anambra state.
I recently heard that pension contributions can help reduce the amount of PAYE tax someone pays in Nigeria, but I don’t fully understand how that works. For example, if two employees earn the same salary, but one contributes more to pension, ...Read more
Is it important for person without a registered business to file an annual return? What are the possible penalty for not filing?
I only worked for 4 months last year and the accumulated salary wasn’t even up to #300,000, do I still need to file my tax for 2025
Pls can you share the link for personal income tax for Abuja.
How do I file PIT tax if I’m getting a salary (tax already deducted) and also running a business?
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