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Melody pius
Melody pius
Asked: March 26, 2026In: TAXATION & COMPLIANCE

What Is Annual Return, Do Individuals Without a Registered Business Need to File It, and What Are the Penalties for Not Filing in Nigeria?

Is it important for person without a registered business to file an annual return? What are the possible penalty for not filing?

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Owen A
Owen A
Asked: March 31, 2026In: TAXATION & COMPLIANCE

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

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Yusuf Omeiza Sunny-Tim
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Asked: March 21, 2026In: TAXATION & COMPLIANCE

Do I Need FIRS Registration After Getting a JTB TIN for My Business in Nigeria?

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

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Imperator sheena
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Asked: March 31, 2026In: TAXATION & COMPLIANCE

Why is my Tax ID showing “already registered” but I cannot access it in Nigeria?

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Owen A
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Asked: March 31, 2026In: TAXATION & COMPLIANCE

How Do Federal Workers in Nigeria File Personal Income Tax When They Have PAYE and Side Hustle Income in Taraba State?

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

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Fokona Community
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Asked: May 16, 2026In: TAXATION & COMPLIANCE

Does FIRS Tax a Holding Company as One Group in Nigeria or Tax Each Subsidiary Separately?

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

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