No. the third schedule (section 19 (1) 74) item 2 to personal income tax act CAP P8 LFN 2004 as amended “exempts the income of any ecclesiastical, charitable or educational institution of a public character from taxation provided the income is not derived from a trade or business carried on by such institution”. The importance of this provision is that incomes of the religious bodies from religious activities e.g. tithe, offerings, donations, are not taxable. The following are however taxable:
Yes section 24(f) of the constitution of the federal republic of Nigeria 1999 provides that “it shall be the duty of every citizen to declare his income honestly to the appropriate and lawful agencies and pay his tax promptly”.in addition, you are required by section 41(3) of Personal Income tax Act CAP P8 LFN2004 (as amended) to file annual returns of your income for assessment with the Ondo State Internal Revenue Service IRS and pay your tax on or before 31 St of march each year. Your assessable income includes salaries from the religious organisation, income from private business and income from other sources.