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How Nigeria can improve witholding Tax Administration.

What is Withholding Tax? Withholding tax is not a separate type of tax rather it is an advance payment of income tax available as a set-off against company income tax that would be later assessed on the taxpayer. How it works When the income subject to withholding tax is paid or credited, whichever first occurs, the payer of the income is required by law to...
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2 Ways Tax Refund is Treated in Nigeria

Every Taxpayer including government, departments and agencies as well as NGOs which have made payments to government, either in error or inadvertently may qualify for refund of such excess tax payment, after subjecting claims of such substantial amount to tax audit before the application of refund can be entertained: After tax audit review, the established refund can be treated in two ways: Rules Applicable for...
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5 THINGS YOU MUST NOT DO WHEN YOU LOSE AN EMPLOYMENT

In life things happen and one the things that can happen to anyone is to loose ones employment either by termination or by dismissal or any other means unexpected and unprepared for. Life happens and these events could be very painful and unsettling. Losing an employment under any guise is not palatable at all, however with the right mindset and attitude it could become the...
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