How do I file PIT tax if I’m getting a salary (tax already deducted) and also running a business?
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How do I file PIT tax if I’m getting a salary (tax already deducted) and also running a business?
If you're earning salary (PAYE already deducted) and also running a business in Rivers State, you still need to file Personal Income Tax (PIT) — but you won’t pay tax twice. Instead, you declare all your income together, and any tax already deducted from salary is credited to you. Here is the clearRead more
If you’re earning salary (PAYE already deducted) and also running a business in Rivers State, you still need to file Personal Income Tax (PIT) — but you won’t pay tax twice. Instead, you declare all your income together, and any tax already deducted from salary is credited to you.
Here is the clear explanation:
🧾 Your Situation
You have two sources of income:
Salary (PAYE deducted by employer)
Business income (your own business)
Under Nigeria’s Personal Income Tax Act, all sources of income must be declared together annually. Your employer deducts tax using PAYE, but you still file annual returns showing:
Salary income
Business income
Other income (if any)
✅ What You Should Do (Step-by-Step — Rivers State)
Step 1: Get Rivers State Tax ID (RIVTIN)
You must have RIVTIN to file tax in Rivers State.
You can register through Rivers State tax portal (RIVTaMIS).
Step 2: Prepare Your Income Details
You’ll need:
Salary (Annual total)
PAYE deducted (from payslip)
Business profit (not revenue)
Business expenses
Step 3: Combine Your Income
Example:
Salary per year = ₦3,000,000
PAYE deducted = ₦250,000
Business profit = ₦1,000,000
Total income = ₦4,000,000
Tax is calculated on ₦4,000,000, then ₦250,000 already deducted is subtracted.
You only pay balance (if any).
📅 When to File
Annual PIT filing deadline: March 31 every year
You must file even if PAYE already deducted
⚠️ Very Important (Many People Don’t Know This)
If you only rely on PAYE and don’t declare business income, you may:
Get penalty later
Be denied Tax Clearance Certificate (TCC)
Have issues with contracts / loans / investments
🧠 Simple Rule
Salary only → Employer handles PAYE
Business only → You file yourself
Salary + Business → You must file annual PIT
Where to File (Rivers State)
You can file:
Online (RIVTaMIS portal)
Or visit Rivers State Internal Revenue Service office
I Can Guide You Personally
Tell me:
Are you running registered business name or informal business?
Are you working private company or government?
I’ll show you exactly what to do in your own case.
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