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  • May 11, 2020

    Accessing the Fiscal Reliefs Geared Towards Cushioning the COVID-19 Effect on Businesses

    In the bid to cushion the effects of the COVID-19 pandemic ravaging the world with attendant impact on businesses and economies of nations, several fiscal measures have been put in place by relevant government agencies in Nigeria. Below, we give an overview of these measures and how you can maximize them for competitive and business …

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  • April 27, 2020

    FINANCIAL REPORTING COUNCIL GUIDANCE ON THE IMPACT OF COVID-19 ON FINANCIAL REPORTING OF ENTITIES IN NIGERIA

    The Financial Reporting Council (FRC) recently issued Guidance dated April 22, 2020, for the directors and those charged with governance to assess the risk of COVID-19 at an early stage of the financial reporting and audit process concerning the preparation of financial reporting (quarterly, interim and annual) ending on or after January 1, 2020, and …

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  • April 10, 2020

    ADMINISTRATIVE CONCESSIONS BY THE FEDERAL INLAND REVENUE SERVICES IN RESPONSE TO THE COVID-19 PANDEMIC

    Further to the outbreak and rapid wide spread of Corona Virus (Covid-19) in Nigeria and its debilitating effect on the Nigerian economy, there has been several economic interventions across various sectors aimed at cushioning the effect of the Covid-19 pandemic on individuals, businesses and the economy as a whole. These interventions include stimulus package released …

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  • November 20, 2019

    Lawyers Associated Worldwide (LAW) 2019 Annual General Meeting

    Our Senior Associate, Iheanacho Dike Udensi, at the Lawyers Associated Worldwide(LAW) 2019 Annual General Meeting held recently in Munich. See Images

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  • July 16, 2019

    LIRS to use Taxpayers’ BVN for TIN registration.

    The Lagos State Internal Revenue Service (LIRS) in furtherance to the provisions of the Personal Income Tax Act (PITA), recently issued a public notice on its intention to integrate the Bank Verification Numbers (BVN) of individuals and companies resident in Lagos State; with the Lagos State Government Electronic Banking System (LASG-EBS) also known as Personal Identification …

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    June 28, 2019

    Tax

    taxationlaw@punuka.com

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