Everything you need to know about Personal Income Tax – Businessday NG – Businessday NG

[naija questions]

In continuation from the first series, BusinessDay met with Femi Fashina, a senior tax officer at Lagos Inland Revenue Service (LIRS).

Fashina takes us through a step-by-step approach to calculating Personal Income Tax.

What is Personal Income Tax (PIT)? Personal Income Tax is an amount deductible from the income …



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