Taxes

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VAIDS Made Simple for Tax Professionals and Tax Payers

The then Acting President, Professor Yemi Osinbajo, SAN, GCON established the Voluntary Assets and Income Declaration Scheme (” VAIDS ” or the “Scheme”) vide the Executive Order No. 004 of 2017 (the “Order”). VAIDS is a time-limited opportunity for taxpayers to regularize their tax status relating to previous tax periods. InRead More …

LASG to shut down offices of defaulting companies 

The Lagos State Government on Sunday said it will commence the process of shutting down the corporate headquarters of organisations in the State who have defaulted in remitting statutory taxes to government from Monday, 20 November 2017. In a statement signed by the Commissioner for Finance, Mr. Akinyemi Ashade, theRead More …