Tax Matters

Introduction On April 22nd, stakeholders gathered at Revenue House for a crucial meeting convened by the Anambra State Internal Revenue Service. The focus of the meeting was the implementation of Anambra Property Land Use Charge (APLUC), a significant avenue for revenue generation in the state. Understanding APLUC APLUC represents a fresh revenue window for Anambra State, shifting the responsibility of …

Understanding Under the Finance Act 2021 (as amended), all income earners, whether employers or individuals, are obligated to disclose their taxable income or losses to the income-tax Department within the first quarter of the year. Non-compliance carries significant penalties, making adherence crucial. The Importance of Annual Tax Filing Filing your Annual Tax Returns goes beyond bureaucratic necessity; it’s a fundamental …