ASK THE ACCOUNTANTS (ATAs)!
Each day, life brings new challenges to confront us. Our success or failure lies on the ability to solve those challenges when they come. These challenges can come in diverse ways and forms. Don't think you are alone in them.
In the Accounting profession and also in Business, various business and accounting transactions could pose difficult and tricky challenges to spoil your day or delay your report. Why waste precious time worrying over these challenges? Why not ASK THE ACCOUNTANTS (ATAs)? There are seasoned Accountant who can provide ACCOUNT SOLUTIONS to you on daily basis.
If you are in any of the categories below then you can always ATAs.
ACCOUNTING & BUSINESS STUDENTS
FRESH ACCOUNTING OR BUSINESS STUDENTS
SEMI EXPERIENCED ACCOUNTANTS
FRESH ACCOUNTING OR BUSINESS STUDENTS
SEMI EXPERIENCED ACCOUNTANTS
EXPERIENCED ACCOUNTANTS
PROFESSIONAL ACCOUNTANTS
FINANCIAL AUDITORS
TAX PRACTITIONERS
SMALL BUSINESS OWNERS
Even if you are not in the categories above, but you have any Questions on Accounting, Taxation and Financial Auditing, and Business Related Questions, then this page is also for you.
Without wasting your time, let's get started! Drop your QUESTIONS in the COMMENT BOX below and expect a REPLY from the ACCOUNTANTS!
IF YOU DON'T WANT TO DROP YOUR QUESTIONS HERE FOR WHATEVER REASONS, YOU CAN FOLLOW THIS LINK AND ASK THE ACCOUNTANTS!
IF YOU DON'T WANT TO DROP YOUR QUESTIONS HERE FOR WHATEVER REASONS, YOU CAN FOLLOW THIS LINK AND ASK THE ACCOUNTANTS!
Do have a Productive Day ahead!
Please, how is Director's Tax Collected in Nigeria?
ReplyDeletecalculation of Directors Tax is based on the channel by which the Directors receive payments from the Company.
DeleteIf the Directors are on the Company's Payroll and receive Salaries, then their Salaries are subjected to PAYE applying the Personal Income Tax progressive scale.
DeleteIf the Directors are not on Payroll and do not receive Salaries, but collects Director's fees, then the Director's Fees are subjected to WHT of 10%. The Company will deduct this before paying the Director's fees and then remit the WHT deducted to the Relevant tax Authority. I guess that should e the State Tax Board. These should apply to Directors' Remuneration
DeleteFinally, If the Directors are on Payroll and still receives DIRECTORS FEES/REMUNERATIONS then PAYE will apply to the SALARIES and WHT will apply to the DIRECTOR'S FEES.
Deletethanks for the info.it was really helpful
DeleteCheers
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