[vc_row type=”container”][vc_column][vc_custom_heading text=”Pay As You Earn (PAYE)” font_container=”tag:h4|text_align:left|color:%23dd7373″ css_animation=”appear”][/vc_column][/vc_row][vc_row type=”container” padding_top=”” padding_bottom=”” css=”.vc_custom_1587833345632{padding-bottom: 5px !important;}”][vc_column width=”1/2″][vc_column_text]The scale is from a minimum percentage of 7% of taxable income to a maximum of 24%. Personal Income Tax are paid in 2 ways: Pay-As-You-Earn (PAYE) — this is how people in paid employment pay their taxes. The employer deducts the tax at source.[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_single_image image=”72083″ img_size=”large”][/vc_column][/vc_row][vc_row type=”container”][vc_column][vc_row_inner][vc_column_inner width=”2/5″][vc_custom_heading text=”Penalties for not filing returns as and when due” font_container=”tag:h4|text_align:left” css_animation=”lightSpeedIn” css=”.vc_custom_1587930053754{margin-top: 0px !important;margin-bottom: 0px !important;}”][/vc_column_inner][vc_column_inner width=”3/5″][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row type=”container” css=”.vc_custom_1587917830428{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column css_animation=”fadeIn” width=”2/5″][vc_column_text]Failure to file annual returns NGN500,000 for corporate and NGN50,000 for individual While penalty and interest at 10% & 21% respectively for failure to remit on monthly basis.[/vc_column_text][vc_custom_heading text=”Due Date for remittance & filing” font_container=”tag:h4|text_align:left” css_animation=”bounceInLeft” css=”.vc_custom_1587931773120{margin-top: 0px !important;margin-bottom: 0px !important;}”][vc_column_text]For monthly remittance/returns – 10th day of the following month after payment of salary; For Annual returns – on or before 31st of every January[/vc_column_text][vc_custom_heading text=”Late/Inadequate remittances” font_container=”tag:h4|text_align:left” css_animation=”fadeInLeft” css=”.vc_custom_1587931860690{margin-top: 0px !important;margin-bottom: 0px !important;}”][vc_column_text]10% Penalties and 21% Interest[/vc_column_text][/vc_column][vc_column css_animation=”fadeInUpBig” width=”3/5″ css=”.vc_custom_1587929967393{margin-bottom: 35px !important;}”][vc_row_inner css=”.vc_custom_1587917624112{margin-bottom: 5px !important;}”][vc_column_inner][vc_column_text]
SIAO PAYE Calculator
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Mission and Vision
[/vc_column_text][vc_column_text css_animation=”bottom-to-top”]To be the preferred provider of audit, accounting and advisory services and To Accomplish More.[/vc_column_text][/vc_column][vc_column width=”1/3″ css=”.vc_custom_1477046375390{margin-bottom: 35px !important;}”][vc_single_image image=”71977″ img_size=”large” css_animation=”bottom-to-top” css=”.vc_custom_1553890065571{margin-bottom: 0px !important;}”][vc_column_text css=”.vc_custom_1553882451693{margin-bottom: 7px !important;padding-top: 20px !important;}”]
Our Core Values
[/vc_column_text][vc_column_text css_animation=”bottom-to-top”]At SIAO, we believe that the approach is as important as the service. We have developed an approach to briefs and projects that works splendidly for us and for our clients, and that ensures excellent results.[/vc_column_text][/vc_column][vc_column width=”1/3″ css=”.vc_custom_1477046383526{margin-bottom: 35px !important;}”][vc_single_image image=”71978″ img_size=”large” css_animation=”bottom-to-top” css=”.vc_custom_1553890107356{margin-bottom: 0px !important;}”][vc_column_text css=”.vc_custom_1477411343341{margin-bottom: 7px !important;padding-top: 20px !important;}”]
What We Do
[/vc_column_text][vc_column_text css_animation=”bottom-to-top”]We are well positioned to become a one-stop shop for financial advisory services and business assurance.[/vc_column_text][/vc_column][/vc_row]