managing-personal-income-tax | KPMG | NG

Managing Personal Income Tax

All Finance, Tax and Human Resources staff with some form of responsibility for payroll management, PIT/PAYE tax compliance and administration.

12 October 2016, 8:30AM - 5:30PM, WAT

”In this world nothing can be said to be certain, except death and taxes.” So said Benjamin Franklin in 1789, and so it still is today. In Nigeria, the certainty of the imposition of taxes on income earned by individuals is guaranteed by the provisions of the Personal Income Tax (PIT) Act (as amended by the PIT (Amendment) Act, 2011). For individuals in paid employment, the Operation of Pay-As-You-Earn (PAYE) Regulations further guarantee payment of PIT on employment income by requiring employers to deduct the appropriate tax, in their capacity as agents of the government.

Unfortunately, for many employers, this statutory role has become a landmine that trigers periodic tax audit liabilities/and or interest and penalty charges

Some other employers are interested in compensation structuring options that can be adopted under the new PIT regime – following the amendments made to the PIT Act in 2011 – but are not aware of viable tax planning
options that can be implemented.

Fee         Timing 
N100,000 per participant, exclusive of VAT
5% discount for 3 to 4 participants and 10%
discount for 5 participants and above
Duration : 1 Day
Dates: April 13, 2016
October 12, 2016
Time : 08:30 AM - 05:30 PM 
Venue Who Should Attend
KPMG Tower
Bishop Aboyade Cole Street
Victoria Island,
Lagos, Nigeria.
All Finance, Tax and Human Resources staff with some form of responsibility for payroll
management, PIT/PAYE tax compliance and
administration.

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