TAX AND FINANCE E-BOOKS

     TAX E-BOOKS

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TAX PLANNING TECHNIQUES IN TAX REPORTING

        Tax planning means legally arranging a person or corporate finance, business and tax affair in order to reduce tax burden. Note that ‘aggressive’ tax planning to the detriment of the government can be termed illegal. However the tax payer as a rational person will always try to minimize  his/ her tax liability.   T ax avoidance is legal while tax evasion is illegal.     REQUIREMENT FOR TAX PLANNERS   ·           Knowledge of tax laws (statutes, enactment, past and current case laws.)   ·           Financial management.   ·           Ability to apply  tax skills to client peculiar circumstance. ·           Understanding of client operating environment.    TECHNIQUES OF TAX REPORTING 1...
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CAPITAL ALLOWANCE IN NIGERIA("TAX DEPRECIATION")

Capital allowance is allowance given to tax payer for capital expenditure("fixed asset") incurred during the year.  The rate of capital allowance is  fixed by law. CAPITAL ALLOWANCE  involves the following 1. Initial allowance- once in a life of qualify asset. Full amount  even when not upto 12months=  2.Annual allowance- claimed annually. prorated in accordance to month. (cost-I.A)/N 3.Balancing charge = sales proceed > TWDV 4. Balancing charge= Sales Proceed <TWDV 5.Investment Allowance as specified  by law CAPITAL ALLOWANCE is allowance given by tax authority for ‘fixed asset’ used in the business . is used in replacement of depreciation. The rate is stipulated by law. Capital allowance is restricted to 2/3 of  assessable profit for any year of assessment except for agricultural and manufacturing business.     GET TAX PLANNING TEMPLATE FOR 70,000NGN  WHATSAPP 234 8098810999, 08067922530   Disclaimer: Obi Azubuike is not ...
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TAX PLANNING AND INVESTMENT STRATEGY

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  Some individuals pay high taxes due to inability to plan their taxes and are ignorant about the provisions of tax laws This book highlights some tax planning and investment strategies. Some topics discussed include (a) Tax planning strategy (b) Indirect tax strategy (c) Fixed asset strategy (d)Risk Management Strategy (e)Investment Strategy. BUY
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