Green Growth Consulting

03/10/2023

Don't seek to be known! Seek to know, and the world will start looking for you!

02/08/2020

13/07/2020

Let's handle your bookkeeping and financial data analysis in a more meaningful way.

https://wa.me/2348028268310

13/07/2020

Do you or your family/friend, want to register business for TIN and VAT; Register a company i.e secure a business name, company (Ltd), incorporated trustees with Corporate Affairs, Tax management , Accountancy services, Inventory management and other professional services?

Do you need a risk-based assessment of your business Processes and an establish appropriate control systems for your business organization (school, retail business, healthcare/hospitals, etc)?

We are here for you. Send us a message. Thanks

28/06/2020

Small businesses have unique problems in identifying and fighting fraud and accordingly bear a greater burden and are at a greater risk of fraud than their larger corporate counterparts. Poor internal controls and accounting system can significantly increase the opportunity for fraud which may happen unnoticed.

Your business growth is our concern! We shall help you carry out a Fraud Risk Assessment and design appropriate Control measures to mitigate such risk. Contact us via the link below:

https://wa.me/2348028268310

14/06/2020

We can save you the stress and time...

17/11/2019

Do a Bank Charges Audit and be sure you're not overcharged!

22/08/2019

https://smedigest.com.ng/updates-on-business-registration-from-cac.html

In line with the ease of doing business policy, CAC has made changes to the pre-incorporation and post-incorporation processes on its portal. PRE-INCORPORATION The changes to the pre-incorporation process on the new platform are: Users will now have an option to check for conflicting names before ma...

01/07/2019

https://thenigerialawyer.com/new-tax-id-fg-directs-cbn-others-to-synergise-with-joint-tax-board/

The Federal Government has directed the Central Bank of Nigeria, Nigeria Interbank Settlement System, the National Identity Management Commission to cooperate with the Joint Tax Board in the release of relevant individual records. Vice President Yemi Osinbajo stated this while inaugurating the new N...

19/06/2019

The Taxes and Levies (Approved list of Collection) Order 2015 as amended has legitimized some of the levies states are collecting. This in doubt would increase Internally Generated Revenue (IGR) in the states especially in Lagos state which is on the move of deploring all means to enforce tax payment.

However, as a business organization (big or small) you might end up underpaying or overpaying and even be attracting heavy penalties and sanctions, without proper guidance from a tax consultant.

Contact us for a Tax Health Check on your business operations and transactions.

23/03/2019

Here are highlights of the law:

1. Mandatory 2.5% contribution of monthly income by employees earning minimum wage and above in public and private sectors
2. 2.5% of income by self-employed individuals
3. 2.5% on cement, locally produced or imported
4. Employers are to deduct and remit the contributions monthly
5. The penalty for noncompliance of up to N100 million for corporates and N10m for individuals
6. Sanctions include cancellation of operating licence of banks, insurance companies and PFAs for violations
7. Withdrawal by contributors who have attained the age of 60 years or 35 years of service to be at an interest rate of 2% per annum
8. The Fund and any refund of contributions are exempted from payment of taxes
Implications of the law

The law, if assented to by President Muhammadu Buhari, could have several negative effects on both businesses and investors in the country.