Tag: corporate income tax
-
If you are starting a small business in Nigeria, one of the first questions you will probably ask is: How much is business name registration in Nigeria? The answer is more nuanced than simply quoting one number. The total amount you spend can depend on whether you register directly with the Corporate Affairs Commission (CAC),…
-
Tax compliance is an essential responsibility for businesses, employers, self-employed individuals, and other taxable persons in Nigeria. However, calculating or deducting a tax is only one part of the process. The next crucial step is ensuring that the money reaches the appropriate tax authority. This process is known as tax remittance. Understanding tax remittance in…
-
Has there been an increase in corporate tax in Nigeria? This question is increasingly relevant to business owners, investors, finance teams, and anyone trying to understand the changing cost of doing business in the country. The answer is however more complicated than simply saying that Nigeria increased its corporate tax rate. Under the Nigeria Tax…