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149 results found

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  • Article

    MSMEs–Practical Challenges And Risk Mitigation Post COVID-19

    The World Bank has estimated that micro, small and medium sized enterprises (MSMEs) represent over 95% of enterprises and account for more than 60% of employment worldwide...
    NigeriaEmployment and HR
    Punuka Attorneys and Solicitors
    Punuka Attorneys and Solicitors
  • Article

    PenCom Directs PFAS To Discontinue The Operation Of Death Benefits Accounts

    The National Pension Commission (PenCom), which is the body empowered to regulate and oversee pension-related matters, recently issued a public notice
    NigeriaEmployment and HR
    Deloitte Nigeria
    Deloitte Nigeria
Article

The New Pension Bill Has Been Signed Into Law

President Goodluck Jonathan today signed the 2014 Pension Reform Bill into law replacing the old pension law which has been in operation since 2004.
NigeriaEmployment and HR
PwC Nigeria
PwC Nigeria
  • Article

    How The New Pension Reform Bill May Affect You

    The Senate has passed a new Pension Reform Bill which seeks to replace the existing Pension Reform Act 2004.
    NigeriaEmployment and HR
    PwC Nigeria
    PwC Nigeria
  • Article

    Labour Relations In Light Of Present Circumstances

    The outbreak of the COVID-19 disease has had a disruptive effect on the global economy especially as it relates the employment status of millions.
    NigeriaEmployment and HR
    TNP
    TNP
  • Article

    Nigerian Lawmakers Investigate The Compliance Of Selected Organisations With Statutory Contributions To The Employees' Compensation Fund

    The House of Representatives ("HoR"), has issued a Public Notice ("the Notice"), inviting 1,124 organisations across the public and private sectors to an investigative hearing,
    NigeriaEmployment and HR
    Deloitte Nigeria
    Deloitte Nigeria
  • Article

    NSITF And NECA Agree The Basis For Employee Compensation Contributions

    The Nigeria Social Insurance Trust Fund (NSITF) recently entered into an agreement with the Nigeria Employers' Consultative Association (NECA) on the basis for calculating contributions under the Employees' Compensation Act (ECA) 2010.
    NigeriaEmployment and HR
    PwC Nigeria
    PwC Nigeria
  • Article

    Reps Commences Investigation on the Non-Remittance of NSITF Levy

    The House of Representatives (HOR) has commenced an investigation on the non-remittance of the Nigeria Social Insurance Trust Fund (NSITF) levy by companies
    NigeriaEmployment and HR
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Taxation Of Compensation For Loss Of Office Vis-À-Vis LIRS' Circular

    In 2016, Nigeria was plunged into an economic recession, which lasted from the third quarter of 2016 to the third quarter of 2017, hurting many businesses.
    NigeriaTax
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    LIRS Issues Public Notice On Exemption Of Compensation Of Loss Of Employment

    The Lagos State Internal Revenue Service (LIRS) has issued a public notice (the Notice) with respect to the exemption of compensation for loss of employment.
    NigeriaEmployment and HR
    Deloitte Nigeria
    Deloitte Nigeria
  • Article

    The Informal Sector To Benefit From The Contributory Pension Scheme

    In a bid to strengthen the post-retirement financial capability of all working Nigerians (across all sectors of the economy), the National Pension Commission (PenCom) ...
    NigeriaEmployment and HR
    Deloitte Nigeria
    Deloitte Nigeria
  • Article

    LIRS Appoints Employers To Deduct And Remit Capital Gains Tax On Compensation For Loss Of Employment

    The LIRS has issued a Public Notice mandating employers to account for and remit CGT on termination benefits and any other capital sum paid to disengaging employees.
    NigeriaTax
    PwC Nigeria
    PwC Nigeria
  • Article

    Effective Payroll Management System In An Organisation

    It is general knowledge that the heart of every organization is the workforce that generates revenue. To manage high staff turnover and to retain the best hands
    NigeriaEmployment and HR
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    LIRS Issues Public Notice On Amendments To PITA Introduced By Finance Act, 2020

    This is pursuant to the amendments introduced by Finance Act, 2020 to the PIT Act Cap.P8 LFN 2004
    NigeriaTax
    KPMG in Nigeria
    KPMG in Nigeria
  • Article

    Tax Appeal Tribunal Rules That Employers Cannot Be Held Liable For Tax On Employees' Voluntary Pension Contribution

    On 18 June 2019, the Tax Appeal Tribunal (TAT or Tribunal) held that the Lagos State Internal Revenue Service (LIRS) could not hold employers accountable for taxes arising from withdrawals of Voluntary Pension Contribution
    NigeriaEmployment and HR
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    The Status Of A Modern Worker – Who Is My Employer ?

    Decades of breath-taking technological evolutions have produced complex structures that have transformed/disrupted the world of work.
    NigeriaEmployment and HR
    Perchstone & Graeys
    Perchstone & Graeys
  • Article

    LIRS Issues Clarification On The Taxation Of Interest Benefit On Loans Granted To Employees

    Over time, employers have adopted various practices in the treatment of loans that were granted to their employees for tax purposes.
    NigeriaTax
    PwC Nigeria
    PwC Nigeria
  • Article

    The Rights And Responsibilities Of Employers In Nigeria

    In Nigeria, the relationship between employers and employees is governed by a set of rights and responsibilities that ensure fairness, protection, and productivity in the workplace.
    NigeriaEmployment and HR
    Firmus Advisory
    Firmus Advisory
  • Article

    NECA Issues Advisory To Members On Employment Obligations In Response To Covid-19

    The Nigeria Employers' Consultative Association (NECA) has provided guidance to member organisations on how to deal with employment contracts and salary obligations to employees due...
    NigeriaCoronavirus (COVID-19)
    PwC Nigeria
    PwC Nigeria
  • Article

    PenCom Releases Guidelines On Voluntary Contribution Under The Contributory Pension Scheme

    The National Pension Commission (PenCom) recently released guidelines (the Guidelines) to provide clarity on voluntary contributions (VCs) under the Contributory Pension Scheme (CPS).
    NigeriaEmployment and HR
    Deloitte Nigeria
    Deloitte Nigeria
  • Showing 1–20 of 149 results

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