Blog posts

Understanding the timing of tax obligations is an important aspect of operating a business in Nigeria. Proper scheduling of tax filings and payments helps ensure compliance with applicable laws and...

HOW TO GET MY TAX CLEARANCE? If you have ever been asked to “bring your tax clearance” and felt confused or worried, you are not alone. Many individuals and business owners in Nigeria delay or avoid...

RESCUE YOUR BUSINESS FROM TAX PENALTIES IN 2026 Running a business in Nigeria is already demanding. From managing cash flow to keeping customers happy, the last thing any business owner wants is...

Nigeria’s 2026 Tax Reform Law has been described as one of the most ambitious fiscal reforms in recent history. While the government introduced the law to widen the tax net, increase revenue, and...

Welcome to US & CO., a chartered accounting firm in Lagos, Nigeria. We understand the effort required to build a business. You know your trade; managing taxes, regulations and compliance can be time...

Are you a Nigerian entrepreneur seeking government or corporate contracts? Contract procurement requires regulatory and tax compliance at each stage. This guide outlines the key steps, typical...

Businesses operating in Nigeria as sole proprietorships (business names) may, at certain stages of growth, consider transitioning to a Limited Liability Company (LLC). This change can have...

Recent tax legislation in Nigeria has introduced significant changes to the country’s tax framework. The enactment of the Nigeria Tax Act 2025, alongside related statutes such as the Nigeria Tax...

An understanding of the various stakeholders of a company and their respective interests is essential for effective management and informed financial decision-making. For management teams and...

Businesses and individuals operating in Lagos State may require professional assistance in meeting their tax obligations. Engaging a qualified tax consultant can support compliance with applicable...

Nigeria’s digital economy continues to expand, accompanied by increasing exposure to cybersecurity risks. In response, the Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Act 2024 was enacted...

With the growth of digital platforms, individuals and businesses increasingly earn income through social media activities such as content creation, advertising, and online sales. In this context...

In accounting, certain foundational guidelines guide the preparation and presentation of financial information. These guidelines are generally grouped into three categories: accounting concepts...

As part of ongoing digital reforms, the Corporate Affairs Commission (CAC) has introduced technology-driven processes, including the use of artificial intelligence (AI), to enhance company...

These six elements provide a structured basis for recording, classifying, and presenting financial information. Their consistent application supports clarity and comparability in financial reporting...

UBOH SUNDAY & Co. (Chartered Accountants) invites applications from suitably qualified candidates for the position of Graduate Accountant at its Festac office.

The Federal Government of Nigeria has introduced tax reform measures aimed at strengthening tax administration and improving compliance across the economy. These changes reflect ongoing efforts to...

The introduction of digital tax administration systems by the Federal Inland Revenue Service (FIRS), including the TaxPro Max platform, represents a significant development in tax compliance processes...