Blog posts

Tax Identification Number (TIN) is a fundamental aspect of civic and corporate responsibility in Nigeria. A valid Tax ID is crucial for individuals and companies alike, enabling access to essential...

REV360 is the digital tax administration platform introduced by the Federal Inland Revenue Service to facilitate tax registration, tax filing, payment processing, taxpayer account management, and...

For individuals, companies, and other taxable entities, understanding how REV360 works is increasingly important for meeting tax obligations accurately and on time. This article provides a practical...

Tax administration in Nigeria is undergoing significant reforms aimed at improving transparency, efficiency, taxpayer identification, and revenue management. One of the recent developments is the...

QUESTIONS REV360 MAY ASK YOU DURING FILING ACCOUNT AND THE ANSWERS YOU NEED TO PROVDE TO REV360

At US & CO. (Chartered Accountant), technology is viewed as a professional support tool rather than a replacement for qualified professionals. Our firm continuously trains staff on the responsible use...

Tax compliance remains an important responsibility for businesses operating in Nigeria. As regulatory oversight continues to evolve, many businesses are becoming more aware of the importance of...

For many small and growing businesses in Nigeria, business income and personal income are often managed through the same bank account. While this may appear convenient at the beginning, it can create...

Value Added Tax (VAT) compliance remains a fundamental obligation for businesses operating in Nigeria, regardless of whether transactions occurred during a specific tax period. The Federal Inland...

Small and Medium Enterprises (SMEs) remain an important part of Nigeria’s economy, contributing to employment, innovation, and commercial growth across various sectors. In recent years, tax reforms...

The rapid growth of remote work has significantly changed how individuals and businesses earn income across borders. In Nigeria, many professionals now work remotely for foreign employers...

In Nigeria’s evolving tax environment, understanding the application of Withholding Tax (WHT) is increasingly important for businesses, contractors, consultants, and organizations operating across...

Nigeria’s tax administration system is undergoing significant digital transformation. One of the major developments is the growing implementation of electronic invoicing (e-Invoicing) as part of...

Businesses in Nigeria continue to operate within an evolving fiscal and regulatory environment. One of the recent developments attracting attention among business owners, finance managers, and tax...

Nigeria’s evolving tax environment continues to shape how employers manage payroll, employee compensation, statutory deductions, and compliance obligations. One of the developments attracting...

As Nigeria’s fiscal and regulatory environment continues to evolve, businesses are expected to pay closer attention to tax administration, statutory reporting, and compliance obligations. The 2026 tax...

The Nigerian tax system is gradually transitioning toward electronic compliance monitoring. Regulatory agencies increasingly rely on digital records, including: Bank transaction histories...

The July 2026 E-Invoicing timeline represents another major step in Nigeria’s transition toward digital tax administration and structured compliance reporting. Businesses that prepare early may be...