Introduction The Federal Government of Nigeria has taken another decisive step toward modernizing the country’s tax system with the enactment of the Nigerian Tax Reform Acts 2025. This legislation...
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...
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...
At Faturoti Taiwo and Co., we’ve tested and implemented accounting solutions for hundreds of Lagos businesses. As Nigeria’s digital economy grows, using the right accounting software has become critical...
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...
Running a small business in Nigeria involves more than just turning a profit—you also need to stay compliant with tax laws. One of the most misunderstood but critical tax...
As an entrepreneur in Nigeria, few things are more stressful than receiving an audit notice from FIRS or LIRS. Poor record-keeping and non-compliance can lead to heavy penalties, frozen...
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)....
In today’s fast-paced Nigerian business environment, effective payroll management is critical for compliance, employee satisfaction, and operational efficiency. At Faturoti Taiwo and Co., we provide comprehensive payroll solutions tailored...
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...