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  Gifts Where an asset is disposed of by way of gift (without consideration), gains may not be chargeable in […]

Key Capital Gains Tax Exemptions Every Nigerian Should Know The law provides important exemptions. Shares in Nigerian Companies Gains are

Capital Gains Tax is not charged on total proceeds. It is charged on net gains. The computation formula is: Disposal

In tax law, disposal does not only mean selling. A disposal occurs when value is derived from an asset through:

Most Nigerians associate tax strictly with salary (PAYE). However, one of the most misunderstood areas of taxation in Nigeria is

  Personal income tax is calculated by adding all income earned in the year, including business profit, salary, investment income,

“It’s not about how much you earn; it’s about how much you keep after tax.” Many Nigerians focus on increasing

Warning: Spoiler alert! If you haven’t seen it, I’m sure you’d have seen all the memes on the internet about

E-Naira: and all you need to know about it. The Central Bank of Nigeria (CBN) has announced that it will