FIRS Public Notice: Treasury Bills, Other Government Securities and Bonds Are No Longer Exempt from Companies’ Income Tax
Effective 2 January 2012, former President Goodluck Jonathan signed into law, the Companies Income T...
Federal Ministry of Interior Issues Additional Guidelines for Administration of Expatriate Quota and Other Business Instruments in Nigeria.
The Federal Ministry of Interior (FMI or the Ministry) on Monday, 24 January 2022 issued a Public No...
Tax Considerations for the Fiscal Year End 2021
As the 2021 fiscal year draws to a close, here are some tax related considerations for your busines...
Introducing ‘Better Payroll’ – by Vi-M
Better Payroll and HR Solution; for better workforce management; for better business. We are pleased...
Nigeria Issues VAT (Modification) Order, 2021 – to Modify the List of VAT Exempt Items
Effective 30 July 2021, a new Value Added Tax (VAT) Modification Order (2021) has been issued by Nig...
FIRS Issues Public Notice on Expiration of Waiver of Interest and Penalty on TaxPro-Max Platform
The Federal Inland Revenue Service (FIRS) launched its online platform – TaxPro-Max, in June 2021,...
What Businesses and Consumers Need to Know About the eNaira
*This write-up has been updated, after the eNaira launch on 25 October 2021. The eNaira is the Centr...
15 Ways Nigerian Businesses can be Impacted, if State Governments Win the Case for VAT collection.
As the case for constitutionality of Value Added Tax (VAT) and the appropriate authority for its col...
The FRC Issues Public Notice to Remind Public Interest Entities and Professionals, of their Filing Requirements and Financial Obligations Under the FRC Act
The Financial Reporting Council of Nigeria (FRC), has through its Public Notice of 16 August 2021, r...
Internal Control Over Financial Reporting (ICFR) – SEC Issues Framework on Implementation of Sections 60 to 63 of ISA, 2007
A company’s internal control over financial reporting is a process designed by, or under the super...