As a company incorporated in Nigeria, you are required to be registered with the relevant tax authorities for tax purposes. Principal Taxes Companies Income Tax: A tax chargeable on all companies (other than Companies engaged in petroleum operations as defined under the PPTA) registered in Nigeria...
USD EUR JPY GBP AUD ASIA EX-JAPAN USD (DXY) 13 DECEMBER 2024 The Bullish Case: + Tax cuts, deregulation to spur inflows, lift growth + Immigration curbs, tariffs to keep Fed hawkish The Bearish Case: –Lower real rate differentials –Correction of expensive valuationVideos...
However, extensive tax-free allowances – ranging from 60% to 95% for key sectors like mining and manufacturing – significantly diluted its effectiveness, resulting in an effective rate of only $0.4 per ton. While the tax led to a 12% reduction in emissions from energy sectors,...
If you need to charge sales tax, indicate the sales tax rate you’re charging, multiply the subtotal by the sales tax rate, and add the result to the total due.For example:Subtotal: $100 Sales tax rate: 7%$100 x .07 = $7 → The sales tax amount for this invoice...
In tumultuous times, a company’s talent is its most valuable and reliable asset. What does it take to lead an organization... Article-McKinsey Quarterly Still looking for room at the top: Ten years of research on women in the workplace ...
Unsubscribe anytime. By entering your email, you agree to receive marketing emails from Shopify. By proceeding, you agree to theTerms and ConditionsandPrivacy Policy. Sell anywhere with Shopify Learn on the go. Try Shopify for free, and explore all the tools you need to start, run, and gro...
In Nigeria, economic indicators like inflation, interest rates, and exchange rates hold sway over businesses. Recent data from the National Bureau of Statistics (NBS) paints a picture of a high inflation rate at 28.92% in December 2023, signaling rough waters ahead with rising prices affecting ...
The company is based in Nigeria and operates across a number of African countries. Other popular online marketplaces in Nigeria in that year were Jiji (primarily a second-hand trading site) and Konga (general products) (13). Jumia Jiji Konga Most popular categories for online purchases...
This high response rate was obtained due to regular follow-up through calls by the authors and reminders via text messages. Additionally, the coordinator of the respondents from each company played a crucial role in achieving this. Of the responses, 172 were obtained electronically through Google ...
It is also the failure of the citizenry, either by commission or omission, to accurately declare their income or their refusal to pay tax as and when due. Tax evasion is inversely proportional to tax compliance, which means that if the rate at which the citizens evade tax is high, it ...