Nigerian manufacturers face unique challenges with VAT accounting, including cash vs. accrual basis, claiming input VAT on inventory, and recovering input VAT on exempt sales. This article explores these challenges and proposes solutions for a more efficient VAT system in Nigeria’s manufacturing sector.
This article aims to bridge this gap by providing a comprehensive review of the tax implications of ESBC in Nigeria, empowering both employees and employers.
Read the press interview with Victor Athe and Vanguard Newspaper where they discussed why Nigerians are feeling overburdened by existing taxes and VAT, the 2023 finance Act, public debt to GDP ratio, and how the Federal government can harmonise tax collection among other issues.
Punch Newspaper In Conversation with Victor Athe: Challenges and Opportunities in Nigerian Tax
This article provides a comprehensive overview of key tax incentives available to Nigerian businesses. We’ll delve into programs for labeled startups, approved enterprises in free trade zones, pioneer companies in critical industries, and the advantages extended to small businesses.
In an exclusive interview, Victor Athe, a tax expert, discusses Nigeria’s high debt-to-GDP ratio. Discover how Athe proposes using smart tax strategies like widening the net and enforcing existing laws to tackle this challenge. Read this insightful excerpt and learn how Nigeria can achieve a more sustainable fiscal future!
Taxation and Remote Work: What You Need to Know
FIRS Tax Alert: Migration to TaxPro-Max for Transfer Pricing Returns and CbCR Notifications
In this article, we will outline the best practices that can help you navigate the complexities of tax filing, minimize errors, and ensure compliance with regulatory requirements.
Gain a comprehensive understanding of taxation for partners and partnerships in Nigeria. Learn about the tax implications, obligations, and compliance requirements. Download our free ebook on the “Taxation of Partners and Partnerships” for in-depth insights and ensure your business stays compliant.