Hi IKing Ferry, Please I need more clarification about how tax works for holding companies and group structures in Nigeria. For example, if somebody owns a holding company with multiple subsidiaries under it, does FIRS now NRS calculate the tax ...Read more
Fokona Latest Questions
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
I tried to file my tax info many times , I was told I have registered and I have an id number, but I dont have it, I clicked on forget id so that I can reclaim it ...Read more
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
Is it important for person without a registered business to file an annual return? What are the possible penalty for not filing?
I registered a business name with the CAC in May, 2021. I obtained a JTB TIN for it and opened a bank account with it. Although, the business is yet to operate fully but I’ve been keeping the bank account ...Read more
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