Comments on: What Nigeria’s New Tax Laws Could Mean for Your Wallet

By: Virgil

Virgil — Thu, 11 Sep 2025 04:19:23 +0000

I earn more than 800k. My company removes tax from my income and is paid into my personal account. Now my real question is, I have a separate joint account with my wife that we put our monies in together which quite higher than the 800k. Will there be any issues with this joint account

By: Onuprince

Onuprince — Tue, 29 Apr 2025 19:04:48 +0000

No 😂😂😂

By: InvestNaija

InvestNaija — Mon, 23 Dec 2024 08:49:19 +0000

In reply to Titus. Hi Titus! You are welcome! It’s awesome to hear that you’re progressing with your financial goals; we love seeing that! Here’s what you need to do to get set up: - Start by opening a business bank account with your Tax Identification Number (TIN). - Don’t forget to register with the Federal Inland Revenue Service (FIRS) for Value Added Tax (VAT), Corporate Income Tax (CIT), and Pay As You Earn (PAYE). - A good tip is to track your income and expenses using handy accounting software or chatting with a tax consultant. - Make sure to file your taxes on time! Remember, VAT is due by the 21st of each month, and CIT needs to be filed six months after your year-end. - Finally, keep your records safe, and you can easily pay your taxes online using TaxPro-Max or Remita. Let me know if you have any questions or need more help! or reach out to us via email - info@investnaija.com

By: InvestNaija

InvestNaija — Mon, 23 Dec 2024 08:35:24 +0000

In reply to Adora. You are welcome Adora! Lets keep growing financially!

By: Adora

Adora — Fri, 20 Dec 2024 08:13:08 +0000

You’ve taken a complex and overlooked topic and made it very simple to understand. Thank you!

By: Titus

Titus — Thu, 05 Dec 2024 16:53:14 +0000

This makes a lot of sense. Thank you.

Also want to ask…How can one keep record of tax. I registered my company fee days ago. How do I get to keep records with my TIN?

By: Chukwuka

Chukwuka — Thu, 05 Dec 2024 12:28:00 +0000

Thanks for this!