HomeNews UpdatesPAYE

PAYE

  • Calculation of PAYE in Nigeria

    • October 24, 2022
    • Posted by: admin
    • Category: Taxation
    No Comments

    Personal Income Tax (PIT) is a tax levied on individuals including sole proprietorships, partnership, unincorporated trustees, joint ventures, etc. It is imposed based on source and residency rules. The two key legislation are the Personal Income Tax Amendment Act 2011 (PITAM) and Finance Act 2020. An individual or employees is liable to tax in Nigeria

    read more