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General NewsTAX TIPS

Tax Alert: FIRS Issues Notice to Taxpayers with Annual Turnover of N1 Billion and above

August 24, 2018 0 Comments

On 24 July 2018, the Federal Inland Revenue Service (FIRS) issued a Public Notice (PN) addressed to taxpayers with annual turnover of N1 billion and above. Based on the PN, the FIRS will prosecute taxpayers (falling within the income bracket of N1 billion and above) who have failed to remit their taxes.

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Accounting tips

TIPS FOR WILLS, TRUSTS AND ESTATES

August 24, 2018 0 Comments

Did you know that, if you die without a Last Will and Testament, the government will decide how your estate is divided?…

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General NewsTAX TIPS

Federal High Court Rules that Telecommunication Mast Sites do not Constitute Business Premises for Tax Purposes

August 24, 2018 0 Comments

The Federal High Court (FHC) recently held, in the case between IHS Nigeria Limited (IHS) vs Attorney General of the Federation & Others, that telecommunications mast/base stations do not constitute “Business Premises” in respect of which “Business Premises Registration fees” or “Environmental Support fees” are collectible by the State Government.

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TAX TIPS

TAX TIPS

August 24, 2018 0 Comments

Benefits of Good Record-keeping to your Business Avoid headaches at tax time by keeping track of your receipts and other records throughout…

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SMALL BUSINESS AND PERSONAL FINANCE TIPS

Retirement Saving Tips

August 24, 2018 0 Comments

Though it’s never too late to start, the sooner you begin saving, the more time your money has to grow. Gains each…

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SMALL BUSINESS AND PERSONAL FINANCE TIPS

Managing Cash Flow is Key to Business Success

August 24, 2018 0 Comments

Cash flow is the lifeblood of every small business but many business owners underestimate just how vital managing cash flow is to…

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SMALL BUSINESS AND PERSONAL FINANCE TIPS

Financing: Securing a Loan

August 24, 2018 0 Comments

At some point, most small businesses owners will visit a bank or other lending institution to borrow money. Understanding what your bank…

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SMALL BUSINESS AND PERSONAL FINANCE TIPS

Small Business: Budget vs. Actual Reports

August 24, 2018 0 Comments

What if there were a tool that helped you create crystal-clear plans, provided you with continual feedback about how well your plan…