“The aim of the Nigerian Voluntary Asset and Income Declaration Scheme (VAIDS) is to provide taxpayers with a time-limited opportunity 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.”

Don't ignore this important scheme. As the deadline approaches do be sure that you have ensured your compliance with this scheme.
• Paying your taxes is a civic duty, and a requirement of the law.
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