Welcome to the monthly series on Nigeria Tax Highlights. In this summary, we have put together the top 5 events that will bring us up to speed with the Nigerian taxation for July 2020. Here are the five (5) blog posts that shaped the Nigerian tax space in July 2020. Recap of tax news in…
At this time of the year, we must still hope for the best before the year ends. Good things do happen in the second half of a year. In this summary, we have put together the top 3 events that will bring you up to speed with the Nigerian tax for June 2020. Here are…
May 2020 had the highest number of tax events compared to other months in the year. While the economy was opening after the post-COVID 19, the government was releasing several tax updates. The tax news came from tax authorities, Finance Minister, and President. Last month was the busiest in the Nigerian tax space for 2020….
Several non-essential businesses and workers stayed indoors in April 2020 due to the pandemic. As the Federal Government and State Government offered palliatives to citizens, so did FIRS to taxpayers. In case you missed the major tax headlines, here are the four (4) events that shaped the Nigeria tax space in April 2020. Federal Inland…
Apart from being the end of Quarter 1 2020, March 2020 was a defining moment in the Nigerian tax system. Tax and regulatory authorities had to issue various concessions due to the COVID-19 pandemic. In case you missed the major tax headlines, here are the top seven (7) events that shaped the Nigeria tax space…
Welcome to BRC‘s monthly series on Tax Highlights in Nigeria. It’s the first recap for the year. After the festive holiday, the Taxman was very busy in January 2020. From FIRS public notices to the signing Finance Bill into law to the online filing of payroll tax returns, last month was pretty busy. In case you…
Nigeria had over 100 tax news in 2019, and in those, we covered a whole lot. Tax disputes, amendment bills, new legislation, public notices, circulars, the lien on bank accounts, tax treaty, transfer pricing, doing business in Nigeria — the list continues. We’ve rounded up our top 10 tax blog posts for the year 2019….
Compliments of the season. Welcome to BRC’s monthly series on Tax Highlights in Nigeria. It’s the final edition for the year 2019. Tax events in December 2019 did not slow down despite the festive mood at fiscal year-end. Here are four (4) top events that shaped the Nigerian tax space in December 2019. President Buhari appoints Nami as…
Welcome to BRC‘s monthly series on Tax Highlights in Nigeria. It is the last quarter of the year. On October 1st, the nation celebrated 59 years of independence. Back to tax matters, here are five (5) major events that shaped the Nigeria tax space in October 2019. Senate passes the Deep Offshore and Inland Basin Production Sharing…
Welcome to BRC’s monthly series on Tax Highlights in Nigeria. September 2019 was a busy month in the tax space in Nigeria. Here are five (5) major events that shaped the Nigeria tax space in September 2019. Businesses in Nigeria will be required to pay a levy of 0.005% of net profits as Nigeria Police…