Value Added Tax (VAT) is a tax on the value added to goods and services at every stage of the production and distribution chain. In Nigeria, VAT is regulated by the Federal Inland Revenue Service (FIRS), which is responsible for…
In Nigeria, filing payee (Pay-As-You-Earn) is required by law. It is a tax system where employers deduct taxes from the salaries of their employees on a monthly basis and remit the deductions to the relevant tax authorities. This system is…