• Home
  • About Us
  • Our Services
  • Our Products
  • Case Studies
  • Blog
  • Contact Us
    • Home
    • About Us
    • Our Services
    • Our Products
    • Case Studies
    • Blog
    • Contact Us
Faturoti Taiwo and Co.
Faturoti Taiwo and Co.
  • Home
  • About Us
  • Our Services
  • Our Products
  • Case Studies
  • Blog
  • Contact Us

Tax Management

How to Avoid Common Tax Penalties in Nigeria: Expert Advice for Businesses

  • July 11, 2025
  • admin
  • Tax Management
At Faturoti Taiwo and Co., we’ve helped hundreds of Lagos businesses avoid costly tax penalties through proper compliance. Nigerian tax authorities (FIRS and LIRS) are becoming increasingly strict – this...
Continue Reading

Top 10 Tax Deductions Nigerian Businesses Shouldn’t Ignore

  • June 26, 2025
  • admin
  • Tax Management
Understanding which expenses are tax-deductible can significantly reduce your company’s tax liability and increase profitability. At Faturoti Taiwo and Co., a leading accounting firm based in Lagos, Nigeria, we...
Continue Reading

Do Freelancers Need to Pay VAT in Nigeria? A Complete Guide

  • June 20, 2025
  • admin
  • Creative, Tax Management
At Faturoti Taiwo and Co., we help Nigerian freelancers and independent professionals understand their tax obligations. One question we frequently hear is: “Do I need to charge and pay...
Continue Reading

Do You Need a Tax Clearance Certificate? Here’s How to Get One in Nigeria

  • June 10, 2025
  • admin
  • Tax Management
At Faturoti Taiwo and Co., we help businesses and individuals across Nigeria navigate tax compliance effortlessly. One question we frequently hear is: “Do I really need a Tax Clearance...
Continue Reading

FIRS vs LIRS: Understanding Federal and State Tax Responsibilities in Nigeria

  • May 16, 2025
  • admin
  • Tax Management
Navigating Nigeria’s tax system can be challenging for businesses, especially when determining whether to file with the Federal Inland Revenue Service (FIRS) or Lagos State Internal Revenue Service (LIRS)....
Continue Reading

Understanding VAT in Nigeria: A Complete Guide for Small Business Owners

  • April 25, 2025
  • admin
  • Business, Tax Management
Value Added Tax (VAT) is a crucial part of doing business in Nigeria, yet many entrepreneurs struggle with compliance. At Faturoti Taiwo and Co., we help Lagos businesses navigate...
Continue Reading

The Role of Accountants in Business Growth and Financial Stability

  • April 11, 2025
  • admin
  • Audit Practice, Business, Tax Management
By Faturoti Taiwo and Co. – Trusted Chartered Accountants in Lagos, Nigeria In today’s competitive economy, businesses in Nigeria—especially small and medium-sized enterprises (SMEs)—are seeking ways to not only...
Continue Reading

Common Tax Mistakes Nigerian Businesses Make and How to Avoid Them

  • February 27, 2025
  • admin
  • Business, Tax Management
Tax compliance is a critical aspect of running a successful business in Nigeria. Yet, many businesses—whether startups, SMEs, or large corporations—fall into common tax pitfalls that can result in...
Continue Reading

How to File Your Company Tax Returns in Nigeria: A Step-by-Step Guide

  • February 21, 2025
  • admin
  • Finance, Tax Management
Filing company tax returns in Nigeria is a legal obligation for all registered businesses. Proper tax compliance helps avoid penalties and ensures smooth business operations. This guide will walk...
Continue Reading

FG announces plans to collect VAT from market traders, informal sector

  • July 4, 2023
  • admin
  • Tax Management
The Nigerian Government through the Federal Inland Revenue Service, FIRS, announced the VAT Direct Initiative, a scheme that would enable FG to collect Value Added Taxes from the informal...
Continue Reading

Posts navigation

1 2 Next

Recent Posts

How to Avoid Common Tax Penalties in Nigeria: Expert Advice for Businesses July 11, 2025
The Nigerian Tax Reform Acts 2025: Key Changes Every Business Must Know By Faturoti Taiwo and Co. | Lagos, Nigeria July 4, 2025
Top 10 Tax Deductions Nigerian Businesses Shouldn’t Ignore June 26, 2025
Do Freelancers Need to Pay VAT in Nigeria? A Complete Guide June 20, 2025
Top Accounting Software for Nigerian Businesses in 2025: Expert Picks June 12, 2025

“Wise Saying: But don’t begin until you count the COST. For who would begin construction of a building without first CALCULATING the cost to see if there is enough MONEY to finish it.”

  • 30 Lasisi Ladega Street, Off Liasu Road, Council Bus Stop, Idimu- Lagos , Nigeria
  • (+234) 7012725021
  • thomas@faturotitaiwoandco.com
  • 9:00 - 18:00
Faturoti Taiwo and Co.
FATUROTI TAIWO & Co. has the mission of “Practicing accountancy in conformity with the highest professional standards while satisfying our clients by contributing to their growth and efficiency, producing optimal profits for our partners and a conducive environment for our staff to train and develop in the profession".

Quick Links

  • About Us
  • Partners
  • Services
  • Our Products
  • Case Studies
  • Blog

Latest Posts

How to Avoid Common Tax Penalties in Nigeria: Expert Advice for Businesses
The Nigerian Tax Reform Acts 2025: Key Changes Every Business Must Know By Faturoti Taiwo and Co. | Lagos, Nigeria
Top 10 Tax Deductions Nigerian Businesses Shouldn’t Ignore

Contact Info

  • 30 Lasisi Ladega Street, Off Liasu Road, Council Bus Stop, Idimu- Lagos , Nigeria
  • (+234) 7012725021
  • thomas@faturotitaiwoandco.com
  • 9:00 - 18:00

Follow Us On

© Copyright 2025 Faturoti Taiwo and Co. All Rights Reserved.