Welcome to Techy Accountant
A reliable community to share and learn!
-
T
FINANCE BILL 2020
Posted by Toyin O. 3 years agoTax DiscussionA snippet of the Finance Bill 2020. The tax incentives are great especially with the present economic situation. I fear the tax relief to be given to companies that donate ...
10 -
B
Pioneer status in Nigeria
Posted by Bunmi Mercy 3 years agoTax DiscussionA pioneer status is an incentive by the government which grants tax holiday to qualifying industries and product. This means that the qualified industry or product is relieved from paying corporate in ...
00 -
B
Is Laycon's winning subject to tax?
Posted by Bunmi Mercy 3 years agoTax DiscussionIn the last few days there has been a debate as to whether Layon&rsquo s winning should be subject to tax. A lot of individuals said No because they consider the money won as a gift but here is what ...
01 -
E
Tax Avoidance Vs Tax Evasion
Posted by Ebunlomo 3 years agoTax DiscussionThe difference between tax avoidance and tax evasion is the thickness of a prison wall. - Denis Healey Tax Avoidance Tax avoidance is the legal usage of the tax structure in a country to one s own ...
01 -
E
Value Added Tax with simple analysis
Posted by Ebunlomo 3 years agoTax DiscussionValue Added Tax (VAT) is a tax placed on a product whenever value is added at each stage of the supply chain from production to the point of sale. It is charged on the sale of specified goods and ser ...
02 -
B
Stamp Duty
Posted by Bunmi Mercy 3 years agoTax DiscussionWhat is Stamp Duty? Stamp duty is a form of tax levied on single property purchases or documents. This includes the majority of legal documents such as cheques receipts military commissions marria ...
00 -
K
Between FIRS & NIPOST Over Stamp Duty Charges
Posted by Kemisola 3 years agoTax DiscussionThe FIRS announced that they now have a portal for automated stamp duty collection where all stamp duty paying citizens government agencies institutions and private organisations should log into an ...
00 -
T
EXTENSION OF ANNUAL FILING DEADLINE IN NIGERIA
Posted by TY 3 years agoTax DiscussionFIRS has extended the deadline for annual tax filing by ONE WEEK. To put in simpler terms companies with accounting year-end in December 2019 should file their tax return on or before 7th August 202 ...
00 -
T
Should SMALL companies pay education tax or not?
Posted by TY 3 years agoTax DiscussionShould small companies i.e. companies with Turnover less than N25 Million pay Education tax or not?
01 -
I
Stamp Duty on Rent in Nigeria
Posted by Itoro 3 years agoTax DiscussionHello Everyone! What do you think about the new 6% stamp duty charge on rent in Nigeria? It s the rave of the moment and I ll love to hear your thoughts. See you in the comment section!
03