Personal Income Tax: A tax payable by all individuals and registered businesses and partnerships except those registered under Part A of Companies and Allied Matters Act 1990. Its rate is between 7% & 24% Education Tax: A tax chargeable on all companies registered in Nigeria at 2% of chargeable...
the long-run relationship between company income tax and revenue generation in Nigeria and also to evaluate the effect of major macroeconomic indicators (foreign direct investment, interest rate, corruption perception index, inflation rate, and exchange rate) on company income tax generation in Nigeria...
As Nigeria’s vast network of small and medium-size enterprises increasingly looks to digitalize payments, merchant acquiring... Report-MGI Research Reimagining economic growth in Africa: Turning diversity into opportunity June 5, 2023- Africa’s economy downshifted over the last decade, yet half ...
Companies operating in certain sectors must now hire full-time employees, and meet minimum annual operating expenditure requirements in Labuan; Companies which do not meet substance requirements are liable to pay a tax rate of 24% on taxable profits, as per the Income Tax Act 1967. Companies ...
Profit before tax was N153.7 million. (-32.9% YoY) Total assets during the period stood at N5.64 billion. Seelinkto results. Posts pagination 12…75Older posts Search for: Nairametrics News Feed Bridging the Pension Gap in Nigeria: Citizens Pensions Limited Secures Licence to Operate ...
98,462 Employees £1.34bn Cash tax paid Footnote We use a number of adjusted, non-IFRS, measures to report performance, as described on page 58. 10 GSK Annual Report 2017 Industry trends 1 How we create long-term value 2 We are operating in a fast-changing environment with ...
Shell’s update comes after BP reported its highest quarterly profit in more than a decade on Tuesday. Its profits more than doubled to $6.2bn, and sparked a clamour for a windfall tax. The government has resisted calls for such a levy. Boris Johnson has said it would discourage oil and...
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meet the future profitability threshold required under IFRS. Additionally, prior year tax adjustments of USD 3.0 million primarily in Pakistan, India, Tanzania, and Nigeria were taken in 2023. These resulted in a substantial increase in our tax expenses and a high effective tax rate for FY 2023...
In one scenario, for which the IRS has already sent several warnings, a scammer will use your Social Security number to file a tax return in your name and then claim the refund. The biggest red flag in this scam is being pressured to act quickly. In actuality, the IRS will give you ...