by Foluke Odofin | Jul 31, 2019 | Information
BASIC FACTS ABOUT TAX ON WINNINGS OF POOLS BETTING, SPORT BETTING, LOTTERIES ETC This is to inform the general public, especially owners and operators of casino, gaming centres, pools betting, sport betting, lotteries etc. on the need to deduct the mandatory 5%...
by Foluke Odofin | Jul 30, 2019 | Tax Education
Consumption Tax is an indirect form of tax levied on spending on goods and services at relaxation centres as well as other hospitality outlets like; Hotels, Restaurants, Eateries, Guest Houses, Event Centres etc. The Kogi State House of Assembly enacted this Law in...
by Foluke Odofin | Jul 25, 2019 | Tax Education
STAMP DUTY Stamp duties are basically taxes paid on instruments and not on verbal agreements that are not documented, which is also known as oral transactions. Some transactions especially ones in respect of land must be evidenced in writing. Section 4 of the statute...
by Foluke Odofin | Jul 25, 2019 | Information
KOGI STATE TRAFFIC MANAGEMENT AUTHORITY (KOTRAMA) DID YOU KNOW? Kogi State connects most States in Nigeria by roads? The State Government in its quest to ensure safety, orderliness, adherence to traffic rules on these roads has set up Kogi State Traffic Management...