Painfully many business owner will lose a lot of money on penalty & interest over this because they will not PREPARED or FILE the audited account.
The minimum amount to lose is N50, 000 if you miss deadline by just a day while others will accumulate N25,000 for subsequent months.
If you delay in filing 2019 audited account for a year, it attracts a penalty charge of N320,000, and N300,000 for subsequent years.
You will sure hurt yourself if you allow the default to tarry.
Gracefully, you can avoid the penalty if you take advantage of FIRS one month extension due to COVID-19 pandemic.
The rush to beat this deadline will peak any moment from now.
Auditors/Tax Consultants will work under severe pressure to conclude all jobs with them before taking in fresh ones.
That’s why you should start yours TODAY and NOW!
Call Taxdoctor on 08087183003.