Browsed by
Tag: Tax Series by Eniola Akinoso

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.

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…

Read More Read More

TAX SERIES BY ENIOLA – SEASON I

TAX SERIES BY ENIOLA – SEASON I

TAX SERIES BY ENIOLA – SEASON 1   Episode 1- Canons of Taxation “You can have a Lord and you can have a King, but the man to fear is the Tax Collector.” Many of us today still share this sentiment of the Iraqi from almost 4 millennia ago that Tax is a necessary evil. Tax however, has a human face and is founded on important principles. Adam Smith in his work ‘Wealth of Nations’, propounded the Principles/Canons of an…

Read More Read More