COMPANIES INCOME TAX – TAX SERIES BY ENIOLA AKINOSO – SEASON 6

COMPANIES INCOME TAX – TAX SERIES BY ENIOLA AKINOSO – SEASON 6

After profits from all sources are added into the Tax basket, the exempted profits, deductions allowed and all allowances like Capital Allowances, Rural Investment Allowance, etc are removed from the basket. The remaining profits in the Tax basket – Taxable Income, are then subjected to Companies Income Tax rate of 30% in Nigeria.

NWOBIKE, SAN ENDS APRIL, 2018 WITH IMPRISONMENT

NWOBIKE, SAN ENDS APRIL, 2018 WITH IMPRISONMENT

justice”.

All I will say is that not all that glitters is gold and this is a lesson for all of us!  The truth is: most of us are unconvicted convicts; many are just as guilt as Dr. Nwobike, SAN but yconsider ourselves better because we’ve not been caught. This reminds me of the Battle of Waterloo.

TAX SERIES BY ENIOLA AKINOSO – SEASON 3

TAX SERIES BY ENIOLA AKINOSO – SEASON 3

TAX SERIES BY ENIOLA – SEASON 3 VOLUNTARY ASSET AND INCOME DECLARATION SCHEME (VAIDS) Episode 1 – Redemption When a Convict on the death row is granted pardon or when an Amputee is given new limbs and can walk again, the only thing that can follow, is overwhelming bliss, a feeling of redemption, a new beginning. That is what VAIDS brings to the table – Redemption, from our Tax iniquities and a new Beginning of Tax compliance. VAIDS is a…

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THE GOOD SAMARITAN, THE EGG SHELL SKULL RULE AND THE NEIGHBOUR PRINCIPLE BY ZACHAEUS

THE GOOD SAMARITAN, THE EGG SHELL SKULL RULE AND THE NEIGHBOUR PRINCIPLE BY ZACHAEUS

THE GOOD SAMARITAN, THE EGG SHELL SKULL RULE AND THE NEIGHBOUR PRINCIPLE Introduction The idea of a person being under an obligation to rescue or render assistance to another person who is injured or in peril has its origins in the biblical parable of the Good Samaritan. In that parable, Jesus answered a lawyer’s question of “who is my neighbour?” by stating that the neighbour was the person who showed mercy to the injured man in the story and that…

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ON THE LOOTERS’ LIST

ON THE LOOTERS’ LIST

ON THE LOOTERS LIST On Sunday, April 1, 2018, when Christians all over the world were celebrating the resurrection of Jesus Christ, who was said to have taken away the sins of the world, the Punch Newspaper reported that the Federal Government of Nigeria released to the world an updated list of those it alleges have committed the sin of looting. According to the Federal Government, the bearers of the names on the list have looted the country and are…

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TAX SERIES BY ENIOLA AKINOSO -SEASON 2

TAX SERIES BY ENIOLA AKINOSO -SEASON 2

  TAX SERIES BY ENIOLA- SEASON 2 TAX EVASION AND AVOIDANCE   Episode 1 Effects of Tax Evasion and Avoidance “If the Lord loveth a cheerful giver, how he must hate the taxpayer!” – John Andrew Holmes. Everyone likes “awuf”.. Announce any treat to a group of people and the first, second, third and fourth questions will undoubtedly be: “Is it free???” The average human is wary of parting with any form of money. Everyone is ‘managing themselves’. The imposition…

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