This Newsletter focuses on the publication recently issued by the Lagos State Internal Revenue Service (“LIRS”) relating to issues surrounding PAYE and WHT implications in employee outsourcing arrangements.
EMPLOYEE OUTSOURCING ARRANGEMENT – DOWNLOAD
This newsletter below addresses three recent public notices issued by Lagos Internal Revenue Service (LIRS) in respect of the taxation of:
- Employee Loans
- Allowable Interest Deduction on Owner-occupied Houses
- Taxation of Employees Share/Stock Options
LIRS ON EMPLOYEE TAXATION & OTHER ISSUES – DOWNLOAD
The Lagos State Internal Revenue Service (“LIRS”) recently via a Public Notice addressed issues surrounding the taxation of a non-Nigerian nationals who carries out his employment duties in Nigeria.
TAXATION OF NON-NATIONAL WITH TEMPORARY WORK PERMIT – DOWNLOAD
This Newsletter focuses on two of the publications recently issued by the Lagos State Internal Revenue Service (LIRS) relating to issues of benefits in kind. While one of the publications herein discussed relates to what constitute reasonable removal expenses, the other relates to valuation of accommodation provided by employer.