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The Personal Income Tax (PIT) returns filing season is here again. We have set out in this short piece information which we hope will help you in staying PIT compliant in 2019
1. Every person who earned any income in 2018 (described as a Taxable Person) must, without waiting for any notice or demand from his or her relevant tax authority (RTA), file his or her PIT returns in the form prescribed by the RTA not later than March 31st, 2019 (the Period).
Following the Presidential and National Assembly elections of 23rd February 2019, there has been a measure of relief across different quarters. Of course, there have been torrents of reactions and crossfires pouring in from candidates and party stalwarts and faithfuls regarding the outcome of the elections but nonetheless, the general focus has now been narrowed down to the Gubernatorial and States’ House of Assembly elections slated for 9th March 2019.
Below is the list of Elected Senators So far;
SOUTH WEST:
LAGOS
Senator Oluremi Tinubu (Central) –
APC
These Guidelines are issued to provide guidance to all taxpayers, taxpayers’ representatives or advisers, tax officers, all other stakeholders and the general public on the procedure for accessing Mutual Agreement Procedure (MAP) as a means of ……
Mrs Kachi had kept vigil alongside her two daughters, mixing the flour to fry the puff-puff which they intended to take to the polling units in their neighborhood later in the day. The boisterous wails of Mrs Kachi alerted her next-door neighbor, Mrs Hadiza who on hearing about the postponement of the election, remembered her bucket of freshly made kunu. They locked themselves in a warm embrace and erupted in to a raucous rancorous chorus of “I am dead o, Nigeria has killed me o!”. Their beloved country had just put them in debt.
It’s good to be back again and the excitement I feel is unprecedented. The truth is, I’ve been excited for weeks now. I can easily trace this to the anticipation of the general elections, so you can imagine my shock when the elections earlier scheduled for 16th February 2019 was ……………
As the need for more efficient tax administration continues to grow, we have started to see bolder attempts by Revenue Services towards automation of tax remittance processes.
