TAX AUDIT AND INVESTIGATION

Live-Online Training: N 210, 000.00
Classroom Training: N 280,000.00
3 - 4 participants: 5% discount
5 or more participants: 10% discount

(Available also for Customised Training by Duration, Venue & Fee)

Course Contents

DAY ONE

• The Tax Authorities in Nigeria
• • Federal
  • State
  • Local
  • Joint Tax Board
• Differentiating Auditing from Investigating
• • Audit triggers and Investigation triggers
  • Approaches and processes
  • Tax planning and Tax evasion
• The Company Income Tax Law
• • Constitutional obligations and responsibilities
  • Personal and corporate tax status      
  • Registration of Taxpayers
  • Tax Assessment, Reliefs, Penalties, Charges 
  • Taxation of Expatriates
  • Residence Rule of Taxpayers.

DAY TWO

• Tax Audit Process
• • Audit period
  • Notication
  • the Preparation          
• Computations, Filing Returns, Reliefs and Penalties
• • Personal Income Tax and Pay As You Earn
  • Value Added Tax (VAT)
  • Withholding Tax (WHT)
  • Education Tax
  • Company Income Tax
• Allowances
• • Personal allowances
  • Capital allowance
  • Investment allowance
  • Loss relief
  • Minimum tax
• Individual and Corporate Tax Clearance
• Procedures for Objections
• Tax Appeal.

DAY THREE

• Triggers for Tax Investigation
• Tax Investigation Process
• The Tax Monitoring Agents
• Significance of Impeccable Record Keeping
• Powers of Tax Authorities for Third Party Information
• An Understanding of Tax Implication of Transactions