Welcome to ALO & HS SERVICES; Tax & Management Consulting Experts.
We help:
Businesses stay compliant & grow
Individuals optimise personal income tax
Organizations make smarter financial decisions
Taxes can feel complicated, but knowing the basics keeps you compliant and confident.
Let’s break down 3 key ones every individual & business should understand.
#TaxTips
WHT (Withholding Tax)
=A form of advance tax on certain transactions (e.g. contracts, rent, dividends).
=Rates vary: 5% or 10% depending on the transaction.
=Remitted monthly to the relevant tax authority.
#TaxTips
VAT (Value Added Tax)
=Charged at 7.5% on most goods & services.
=Businesses collect VAT from customers and remit to FIRS.
=Filing & payment are due on the 21st of the following month.
#TaxTips
PAYE (Pay As You Earn)
=Personal income tax deducted from employees’ salaries by employers.
=Employers remit it monthly to the state IRS.
=Due date: usually the 10th of the following month.
#TaxTips
To obtain an Electronic Tax Clearance Certificate (eTCC), a taxpayer must have: valid TIN, filed all returns, paid due taxes, and settled any outstanding liabilities. ✅ #TaxCompliance#eTCC
New PAYE rules from 2026: First ₦800,000 of annual income is tax-free.
Then pay 15%, 18%, 21%, 23%, or 25%—depending on your income bracket.
Planning your salary tax just got simpler. #PAYE#TaxUpdate