Insights

Certificate of Acceptance of Fixed Assets: Its Significance on Claims of Capital AllowancesDownload Necessity is said to be the mother of invention.  Necessity sometimes also leads to a rediscovery of previously neglected resource.  Governments in Nigeria...

Organisation Structuring for Business SuccessDownload INTRODUCTIONOrganisational structures have evolved since the 1800s, starting with the industrial revolution, when individuals were organised in groups to add parts to the manufacture of the products moving down the...

FEDERAL HIGH COURT (TAX APPEAL) RULES 2022: WHAT TAXPAYERS MUST KNOWDownload The new Federal High Court (Tax Appeal) Rules (“the Rules”) have become operational, effective from 10 January 2022. The Rules, which repeal the Federal High Court (Tax Appeal) Rules of 1992,...

FEDERAL HIGH COURT DECLARES NIGERIA POLICE TRUST FUND LEVY UNCONSTITUTIONALDownload The Federal High Court sitting in Abuja has held in the case of AG Rivers State v. AG Federation & Ors, that contributions from corporate entities and deductions from the...

INPUT VAT ON PRODUCTION OVERHEADS ARE RECOVERABLE – TAX APPEAL TRIBUNAL RULESDownload The Tax Appeal Tribunal sitting in Lagos has held in the case of CHI Ltd (“CHI” or the “Company”) vs. Federal Inland Revenue Service (“FIRS”) that input VAT incurred by the Company...

Jan2022 MC Article 1Download INTRODUCTIONAfter the lockdowns that the world experienced in 2020, the recurrent phrase is “the new normal.” What is the relationship between the new normal and the great resignation era? Is there a way to curb massive resignations in the...