Course Description
Learning the art of Taxation is important for business for
compliance with Governmental regulatory and equally for the
health of the business against over taxation, double or
triple taxation in the quest of compliance. Dealing with tax
computation and filing return to the tax body requires some
level of knowledge, skill and expertise.
This course has been specially designed to assist candidates
to overcome obstacles as well as bridge the gap in their
knowledge of up-to-date tax management methods in Nigeria as
of today. Deep insight will be shared for tax implication
for product and Services across many industries giving you
sound understanding of tax compliance obligation. You will
learn how to plan and comply with corporate tax law in
Nigeria for the Business and for your employees. There will
also be knowledge sharing on tax authorities, their powers
and operations.
Who Should Attend?
- Management team
- Accountants
- Tax Officers
- Tax Administrators
- Chief Accountants
- Auditors
-
Treasurers and Financial
Controllers
-
Treasurers and Financial
Controllerss
- Tax Practitioners
-
Tax Administrators of
Government Tax
- Authorities
-
Tax Managers and Compliance
Officers on Regulatory Matters of Oil and Gas Company
- Management Consultants
-
Investment and Portfolio
Managers
- Pension Fund Managers
- Financial Analysts
- Government Regulators.
-
and others who perform related
functions in Public and Private Sectors.
Education introduction
Day One
-
Review& Analysis of the 2020 Finance Act in relation
to Tax across multiple industries
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Tax Laws and Regulations
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Classification of Taxes
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Registration for Tax Payments
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Obligatory Returns and their Filing
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Relationship Management
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State Board of Internal Revenue Service
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Federal Inland Revenue Service
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Joint Tax Board
-
Technical Committees of the Boards
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Tax Appeal Tribunal
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Tax Clearance Certificates and their Administration
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Exemptions and Reliefs
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Multiple (Vexatious) Taxes
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Tax Avoidance and Tax
Evasion.
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Current Issue in Tax System
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National Policy on Taxation Systems
Day Three
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Corporate Tax Issues and Computations
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Company Income Tax
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Limited liability business
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Partnership
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Value Added Tax and Stamp Duties
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Education Tax
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Types of Assessment
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Self Assessment Scheme
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Provisional Assessment
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Best of Judgment Assessment
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Relevant Documents and Documentation Procedures
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Filing of Returns and the Timing
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Withholding Tax Treatments
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Penalties for Infringements.
Day One: Petroleum Refining, Refined Products &
Petrochemicals
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Tax Issues Concerning Individuals
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Taxable Persons
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Personal Income Tax
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Pay As You Earn (PAYE) tax computations
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Direct assessment on individuals
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Capital Gain Tax
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Property and investment income tax
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Expatriates Personal Income Tax
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Relevant Documents and Documentation Procedures
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Exemptions and Reliefs
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Penalties for Infringements.