Practical explanations for earning, working, and paying taxes in Nigeria—without the legal maze.
Latest guidance
3 articles
Personal Income Taxes (PIT)
“Gift.” “Family support.” “Loan repayment.” These are common descriptions people use when sending money through their bank accounts.
Personal Income Taxes (PIT)
Freelancing comes with a lot of small transactions. A client pays you. A platform deducts a fee. You pay for software, internet or professional services. You may receive money in dollars, pounds or euros and withdraw it through a payment platform. By the end of the year, all those transactions become part of your tax records.
Income Sources
Making money from an investment is one thing. Knowing how much of that money you actually get to keep after tax is another.