vaids.gov.ng : How to Register for VAIDS using Form VA1 and VA2



Hello, if this post was helpful, Kindly use 4 seconds to LIKE or Share it.



    What is VAIDS

    The Nigerian Voluntary Asset and Income Declaration Scheme (VAIDS) is a time-limited opportunity for taxpayers to regularize their tax status relating to previous tax periods and pay any taxes due.


    In exchange for fully and honestly declaring previously undisclosed assets and income, tax payers will benefit from forgiveness of overdue interest and penalties, and the assurance they do not face criminal prosecution for tax offences or tax investigations.


    How to submit VAID Application


    1. Interested persons should download VAIDS Form, fill the form (Form VA1 for individuals or form VA2 for companies) and submit it to the nearest tax office before march 31,2018. Forms are available online via vaids.gov.ng - Read More 


    VAIDS Application Confirmation


    2. After submitting your application form, you will get confirming the receipt of your application from the relevant tax authority through email. Make sure you fill the form with a working email.


    VAIDS Application Assessment

    3. Information provided in your application will be assessed by the relevant tax authority, who will later request additional information and supporting documents if necessary.


    Further Inquiries on VAIDS


    4. If the disclosure is incomplete, a more extensive review, enabled by increasingly available robust data from local and international sources, will be conducted to create an accurate financial profile.
    Ads

    .

    .



    No comments:

    Post a Comment

    I'll like to know what you think.

    Leave a COMMENT below.

    Readers should feel free to also provide solutions.

    Offensive & Spam Comments will NOT be Approved.

    Thanks!

    Also Read

    Google+ Followers