Introduction

The Chartered Institute of Taxation of Nigeria occupies a unique position amongst statutory professional bodies in Nigeria. This is because membership of the Institute cuts across professionals like Accountants, Lawyers and others that have acquired the requisite tax experience. As a result of the constantly evolving nature of the profession, it has become expedient that the scale of professional fees be reviewed to reflect current realities.

 Scale of Professional Fees

Three bases have been recommended. Members are advised to primarily base their charges on hourly rates due to the time and expertise required in conducting assignments. The percentage on turnover or percentage of total asset basis should serve as an alternative where it is found more expedient to do so by both the member and the client........ click the attached document to downoad the complete document