Tax Compliance – Sunmola David & CO

LIRS and Non-profit Organizations: Navigating Tax Compliance Requirements.

Leave a Comment / Tax news, TAX SERVICES / By GLORY

Introduction: Non-profit organizations (NPOs) play a vital role in addressing social and humanitarian issues, making a positive impact on communities and society as a whole. In Lagos, Nigeria, the Lagos Inland Revenue Service (LIRS) recognizes the significance of NPOs and their contributions. To ensure transparency and effective governance, the LIRS has established tax compliance requirements …

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Beyond Tax Compliance: FIRS’ Role in Promoting Corporate Social Responsibility.

Leave a Comment / TAX SERVICES / By GLORY

Introduction: Corporate Social Responsibility (CSR) has emerged as a critical component of modern business practices, reflecting a commitment to ethical conduct, environmental sustainability, and community welfare. In Nigeria, the Federal Inland Revenue Service (FIRS) is taking steps to encourage businesses to go beyond tax compliance and embrace CSR initiatives. In this article, we will delve …

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Outsourcing Tax Compliance: Simplifying Processes and Reducing the Risk of Penalties

Leave a Comment / TAX SERVICES / By Lawson Lawson

Introduction In Nigeria, navigating the complexities of tax compliance can be a daunting task for businesses of all sizes. The country’s tax system is known for its intricacies and stringent requirements, making it essential for companies to maintain accurate and timely tax filings. However, staying up-to-date with ever-changing tax laws and regulations while managing day-to-day …

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Enhancing Tax Compliance: Technology-Driven Initiatives in the Nigeria Finance Act 2022

Leave a Comment / TAX SERVICES / By Lawson Lawson

Introduction: In an era of rapid technological advancements, the Nigerian government recognizes the critical role of technology in improving tax administration and fostering tax compliance. The Nigeria Finance Act 2022 incorporates forward-thinking technology-driven initiatives to streamline tax processes, enhance efficiency, and promote transparency. As a reputable accounting firm in Nigeria, we delve into the key …

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