Any person who earns income in the form of salary, wage, fee, allowance or other gains or profit from employment including compensations, bonuses, premiums, benefits or other perquisites allowed, given or granted by any person to any temporary or permanent employee.

Yes. The Personal Income Tax (Amendment) Act, 2011 Section 3(a) (b) defines a tax paying employee as either a temporary or permanent employee.

According to the Personal Income Tax (Amendment) Act 2011, CRA is the Consolidated Relief Allowance, which combines all reliefs (Housing, Meal, Utility, Transport, leave allowances, etc) into a consolidated single relief of N200, 000 or 1% of gross income (whichever is higher) plus 20% of the gross income.

Consumption tax is a 5% extra charge imposed on the total cost of goods consumed or services received/enjoyed by customers of hospitality business, excluding Value Added Tax (VAT). Such hospitality businesses include hotels, restaurants, bars/beer palours, fast foods, eating houses, event centers, night clubs, cinemas, lounges, gym houses, recreational/amusement parks etc.

It is the specified amount deducted at source from payment accruing or made to individuals or corporate entities in respect of income receivable for service(s) rendered or from investment and remittance of same to the Relevant Tax Authority in line with the provisions of Personal Income Tax (PITA) and Companies Income Tax Acts (CITA).

In addition to the Consolidated Relief Allowance (CRA), the following items are also tax exempt;

• National Housing Fund Contribution
• National Health Insurance Scheme
• Life Assurance premiums
• National Pension Scheme
• Gratuities

After the relief allowance and exemptions have been granted, the balance of income shall be taxed as specified:

• First N300,000 @7%
• Next N300,000 @ 11%
• Next N500,000 @ 15%
• Next N500,000 @19%
• Next N1,600,000 @ 21%
• Above N3, 200,000 @ 24%.

PAYE and Direct Assessment Tax are two arms of Personal Income Tax. PAYE is for individuals under paid employment and Direct Assessment is for Self Employed individuals.

The person owning, managing or controlling any business or supplying any goods or services chargeable under the Law, shall collect this for and on behalf of the State, the tax imposed by the Law based on the amount charged or payable by the customer accordance with the provisions of this Law.

Self-assessment is a method whereby a taxpayer is required to correctly compute own tax liability, properly complete the tax return, pay the self-assessed tax and submit the tax returns together with the accompanying documents on or before the due date according to the relevant tax law.

Imo State Social Security Benefit Number (IMSSBN) is a unique number given to all individuals, corporate bodies and entities residing and operating in Imo State.

The IMSSBN is a reliable way of capturing the data of all individuals and businesses in the State for the purpose of tax remittances, annual tax/PAYE filing, renewal of vehicles and drivers’ licenses, land transactions, contract executions, adequate planning and allocation of resources by the government

1. 1. Login through the self-portal link: https://iirs.fenixrms.com/register
2. Sign up with your email or phone number
3. Fill the form and submit
4. Verify your account with the code sent to your email or phone number you provided
5. Fill in other details and make proceed to Biometric facial capture
6. Your taxpayer id would be created and sent to you via e-mail and smss