SOW Blog
How to Obtain Tax Clearance Certificate in Nigeria
A tax clearance is a certificate stating that a corporation has no tax due for a particular period of time. The certificate is…
How to Process Tax Refund in Nigeria
How to Process Tax Refund in Nigeria A tax refund or tax rebate is a refund on taxes when the tax liability is less than the…
SMEs & Start Ups can now Raise Capital through the Stock Market.
Nigerian capital market authorities have created a new platform for listing of newly established companies and small and medium enterprises…
Strategic Planning for SMEs Growth in Nigeria
A strategic plan document is typically the result of the strategic planning process. It is a stepping-stone towards strategy implementation…
FIRS Targets N750 Billion from Millionaire Tax Defaulters
The Federal Inland Revenue Service, FIRS hopes to pull in about N750 billion from about 55,000 defaulting taxpayers, Executive Chairman,…
Why your Business Needs Bank Reconciliation
Preamble Bank reconciliation is the process of matching the balances in an organisation’s accounting records for a cash account to…
What You Need to Know about Tax in Nigeria
Taxes/Taxation in Lagos Nigeria is a means by which governments finance their expenditure, by imposing charges on citizens and corporate…
12 Objectives of Audit to your Business
Definition An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how…
9 Importance of Strategic Planning to SMEs
Strategic planning is a process set by organization to guide the day-to-day decisions and also for evaluating progress and changing approaches…
10 Benefits of Outsourcing Payroll
The complexity of managing several units of business today is becoming enormous and laborious, unfortunately, brain drain, high cost…
FIRS Rescind on Decision to Freeze Tax Defaulters’ Accounts
The Federal Inland Revenue Service (FIRS) has withdrawn on its directives to freeze tax defaulters accounts in banks. This was…
FIRS Shut Down 9 Companies in Lagos for Tax Defaults
Nigeria’s Federal Inland Revenue Service (FIRS) shut down nine companies in Lagos this week for owing taxes to the tune…