One of our community members on Fokona asked this question to our Founder Iking Ferry: “The tax deadline is tomorrow and I don’t understand anything about tax filing… how do I file my personal income tax in Lagos?”
Fokona Latest Questions
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?
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
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
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
What is the difference between PAYE and Personal Income Tax.
I’m a corps member, How do I file my personal tax knowing full well that the allowance the government pay us is temporary?
Under the current FIRS framework, how is Capital Gains Tax applied to profits made from selling listed equities on the NGX versus unlisted securities — and how should a small business owner who also trades stocks separately file both their ...Read more
How does someone pay his personal tax? Does he go to website or through his bank account? Is it every month or at the end of the year? What is the process like
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