Articles tagged "tax"
15 articles
VAT Fiscalisation Explained: Why Your Business Needs Automated E-Invoicing Today
It is 9:07 a.m. Your accountant messages you in a panic. Yesterday’s invoice was rejected by the tax authority. The …
Personal Income Tax vs Company Tax: Which Registration Is Better for You?
At the start, most founders just want to get paid. You register quickly, send invoices, and move on. Taxes feel …
Digital Business Tax in Nigeria: Does Your Online Course Owe ₦25M+ in Taxes?
Digital business tax in Nigeria is no longer a future problem for creators. It is already reshaping how online courses, …
The ₦100M Tax Threshold: What Nigerian Founders Must Know
Hitting ₦100M in revenue sounds like a milestone. And it is. But under Nigeria’s new tax framework, it can also …
Nigeria Tax Act 2025 Is Here: 5 Things Every Lagos Founder Must Do by Monday
This Is Not One of Those “Read Later” Articles, If you run a startup, SME, or freelance business in Lagos, …
Stamp Duty on Electronic Transfers in Nigeria: What Businesses Must Know
₦50 feels insignificant. You barely notice it leaving your account during a transfer. No alert. No explanation. Just gone. But …
Payroll Tax (PAYE) for Remote Teams: Paying Staff in Different States
Remote work made hiring easier. Tax compliance did not. You hire a developer in Enugu, a marketer in Abuja, and …
Audit Defense: The 3 Financial Reports FIRS Will Ask for First
It usually starts with one email. “Please provide your financial records for review.” No accusations. No explanations. Just FIRS. At …
Withholding Tax (WHT) Simplified: How to Stop Losing 10% on Every Invoice
You send an invoice for ₦1,000,000. Your client pays ₦900,000. No warning. No apology. If this keeps happening, you are …
Personal Accounts for Business: Why Banks Are Flagging Them in 2025
Many small business owners still run their companies through personal accounts for business. In 2025, Nigerian banks are cracking down …
The “Japa” Tax Implication: Managing Taxes When Your Co-Founder Leaves Nigeria
Most founders are unsure about managing taxes when a co-founder leaves Nigeria or “japas.” Mistakes in this process can create …
FIRS & Auto-Populated Tax: How They Know Your Revenue Before You File
Most business owners believe tax filing is private, something handled only when forms are due. That assumption quietly costs millions …
Small Company Tax Exemption: Is Your Business Really Tax-Free at ₦25m or ₦50m?
Small Company Tax Exemption is something many founders assume they’ll automatically qualify for until they realize they’re paying far more …
The 2025 Finance Act: 5 Clauses That Will Change How You Do Business
The 2025 Finance Act marks one of the most comprehensive tax reforms in recent Nigerian fiscal history. Whether you’re a …
The Real Cost of Ignoring Tax Compliance in Nigeria
Tax compliance in Nigeria is more than a legal obligation; it is essential for the stability, growth, and credibility of …