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TAX PENALTIES

It is very interesting to note that many business people are getting interested in the basic principles of Tax in Nigeria. Tax is very important and must not be ignored by any entrepreneur who wants to succeed and grow his/her business. The penalties for tax offences are punitive and costly. Tax penalties include interest on…

TAX AND KEEPING ACCURATE RECORDS

As a Business Owner, if you want to save yourself from heavy tax liabilities you must keep accurate business records. Many business owners pay excessive taxes just because they did not operate a system that allowed them to keep track of all their business expenses. If you keep effective records of your business operations, you…