Updated: Feb 22, 2022
Change of Value Added Tax (VAT) rate from 5% to 7.5%.
Accounting for and remittance of VAT.
New requirement accounting and remittance of VAT on local supplies from small businesses below the N25m VAT payment threshold.
Withholding tax deductions and accounting for transactions.
Accounting for staff costs, pensions, retirement benefits and employee taxes
Hardware and Cloud Infrastructures to automate your business processes.
Accounting system or ERP Deployment to cater for necessary accounting changes (including set up of appropriate account heads/ ledgers and training of responsible staff on how to process these transactions going forward).
Payroll & HR Solution Deployment to cater for you PAYE, PENSION remittances, HMO etc.., Reviews/ provision of tax computations and tax disclosures templates for your business.
One-on-one Finance Act advisory session
Personal Income Tax and Payroll Application Management Training.