Archives Tag: TIN
Tax Identification Number (TIN): What You Need to Know
April 19, 2022
One of the things that confuse most Nigerians is the Nigerian tax system and how to ensure they’re doing it right. If you’re on this table, you probably have heard about the Tax Identification Number (TIN), especially if you’re a business owner or a salary earner, and maybe even wondered what it meant. Read … Continue reading Tax Identification Number (TIN): What You Need to Know
The CAC Will Now Issue Certificate of Incorporation With TIN to Businesses
April 19, 2022
The Corporate Affairs Commission (CAC) will now issue its Certificate of Incorporation along with Tax Identification Number (TIN) to businesses that register with it. The agency says it’s doing this in line with the Federal Government’s Ease of Doing Business Initiative. The CAC made this known in a public notice dated the 29th of June … Continue reading The CAC Will Now Issue Certificate of Incorporation With TIN to Businesses
How to Get Your Tax Identification Number (TIN) in Nigeria
April 19, 2022
The Tax Identification Number is a set of digits assigned by Nigeria’s tax authorities to registered taxable individuals and businesses in the country. It’s the tax agencies’ principal means of identifying registered taxpayers. In the past, Nigerians had to sign up for at least two different tax identification numbers: one issued by the Federal Inland … Continue reading How to Get Your Tax Identification Number (TIN) in Nigeria
How the New Finance Bill Will Impact Your Business
April 19, 2022
Soon, you’ll need a Tax Identification Number (TIN) to open a bank account in Nigeria. But you won’t be paying that irksome ₦50 charge on PoS transactions anymore- unless you’re transferring more than ₦10,000. These are just two of the many changes to the country’s tax system that could be coming into effect shortly. It’s … Continue reading How the New Finance Bill Will Impact Your Business