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PKF Nigeria

Global expertise with local knowledge

News & Events

Quarterly Tax Newsletters - 16 11 2020

TAX ALERT - Recent Business Disruptions

Recent Business Disruptions - Further tax palliatives to ameliorate the effect of COVID 19 and EndSARS Protests. It is no longer news that COVID-19 hit the global economy hard. The impact of the pandemic ranges from the drastic decline in business activities to organizations shutting down their operations and laying off of employees, just to mention a few. The impact of the pandemic can hardly be ignored. While organizations are still licking this wound, “EndSARS Protest” broke out.

Quarterly Tax Newsletters - 30 09 2020

THE FINANCE ACT 2019

The Finance Act 2019 was introduced by the Government of Nigeria in the year 2020 to promote the ease of doing business in the Country for Small and Medium Enterprises and align with best practices around the world. Significant Changes were made to The Company Income Tax Act, VAT Act, and Capital Gains Tax Act The Honorable Minister of Finance, Budget and National Planning in the first quarter of the year 2020 issued the Company Income Tax (Significant Economic Presence) Order to support the Finance Act 2019. Some of the activities now recognized as taxable transactions are electronic commerce, app store, e-data storage, participative network platform and so on. Also, any trade or business which entails the receipt of services from persons outside Nigeria to a person resident in Nigeria...

Quarterly Tax Newsletters - 03 06 2020

June 2020 Newsletter

In the second edition of the 2020 quarterly issue, the PKF Worldwide Tax Newsletter brings together notable tax changes and amendments from around the world, with each followed by a PKF commentary which provides further insight and information on the matters discussed.

PKF Nigeria Tax Update - 30 04 2020

FIRS PUBLIC NOTICE

Following series of enquiries that my team and I have received on the implications of the palliative measures on tax arrears which arise as a result of desk review, tax audit and investigation, the service wishes to reassure all taxpayers with outstanding tax debt that interests and penalties will be waved, should they pay

Network News - 30 04 2020

PKF International appoints Theo Vermaak as interim Chief Executive Officer

PKF International announces the appointment of Theo Vermaak as interim Chief Executive Officer of PKF International with effect from May 1, 2020.

PKF Nigeria Tax Update - 22 04 2020

UPDATE ON PALLIATIVE MEASURES TO CUSHION EFFECT OF COVID-19 ON TAXPAYERS

Further to my statement on Monday 6th April 2020, on the palliative measures put in place to cushion the effects of COVID-19 on Taxpayers and my assurance to keep you updated with Information specific to taxpayers as it becomes expedient, I wish to appeal to a section of ...

PKF Nigeria Tax Update - 06 04 2020

COVID-19: STATEMENT ON PALLIATIVE MEASURES TO CUSHION EFFECTS ON TAXPAYERS

On 31 March 2020, the Management of FIRS had a virtual meeting, following the federal Government's lockdown of FCT, Lagos, and Ogun States on 29th March 2020 as one of the measures to contain the spread of Corona Virus, COVID-19. We discussed specifically the necessity of FIRS to remain committed to supporting the Taxpayers to ...

Network News - 09 08 2019

Give Clients What They Truly Want – and Demonstrate Your Value

James Hickey, CEO of PKF International, has been featured in leading trade publication Accountancy Age, discussing how accountants can move from a focus on compliance to an advisory role – and what this means for international accountancy networks.

Network News - 01 08 2019

New Correspondent Firm Joins PKF International

PKF International is delighted to announce the expansion of its francophone presence in Africa with the addition of CBSD Audit et Conseil as a correspondent firm in Mauritania.

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