A. Individual in paid employment – Any person who earns income in the form of salary, wage, fee, allowance, or any other gain 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 other than so much of any sums as or expenses incurred by him in the performance of his duties, and from which it is not intended that the employee should make any profit or gain;

B. Self-employed Individual- Any person who earns Income in the form of gain or profit from any trade , business, profession, or vocation , for whatever period of time such trade, business, profession, or vocation may have been carried on or exercised;

Yes. The Personal Income Tax (Amendment) Act 2011, combined with the provisions of S.3(1)(b) and S.3(1)(b)(i) particularly defining the taxpaying employee as either a temporary or permanent employee.

According to the amended personal Income Tax (Amendment) Act 2011, CRA is the Consolidated Relief Allowance, which combines all previous reliefs (Housing, Utility, Transport, Leave, Allowances, etc.) consolidated into a single relief of N200,00 subjects to a minimum of 1% of gross income (whichever is higher) plus 20% of the gross income.

In addition to the Consolidated Reliefs and Allowances, the following items in the sixth schedule table are still tax exempt:

1. National Housing Fund Contribution
2. National Health Insurance Scheme
3. Life Assurance Premium
4. National Pension Scheme
5. Gratuities

After the relief allowance and exemptions have been granted, the balance of income shall be taxed as specified in the following Sixth Schedule Table.

1. First N300,000@ 7%
2. Next N300,000@11%
3. Next N500,000 @15%
4. Next N500,000 @19%
5. Next N1,600,000@21%

Above N3,200,000@24%

After the relief allowance and exemptions have been granted, the balance of income shall be taxed as specified in the following Sixth Schedule Table.

1. Personal Income Tax from all residents of Akwa Ibom State.
2. Withholding Taxes on all business/economic activities involving a second party who is not a corporate entity.
3. Business Premises Levy from all businesses and companies operating within the
   state (N10,000 Registration and N5,000 renewals annually)
4. Economic Development levy (EDL) from all individuals (N100 per head/yearly. The rates for corporate organizations vary)
5. Consumption Tax (which replaces sales tax).

Taxes payable in Akwa Ibom State are not different from that of other states, as all States Internal Revenue operate under the same constitutional provisions and Tax Laws. Current law in use for Personal Income Tax is the Personal Income Tax Act CAP P8 LFN 2004 & (Amendment) Act 2011.

You can officially obtain information on all taxes paid on your behalf through the Executive Chairman of AKIRS.

The position of the law is that all income earners must pay Personal Income Tax except full time housewives, jobless persons and those exempted by the law as stipulated in the third Schedule of PITA 104 CAP P8 LFN 2004 & (Amendment) at 2011.