Tag: Tax

FG to put into record order exempting SMEs, manufacturers from paying withholding tax, Oyedele reveals

FG to put into record order exempting SMEs, manufacturers from paying withholding tax, Oyedele reveals     Chairman of the presidential committee on fiscal policy and tax reforms, Taiwo Oyedele, has said the newly approved withholding tax regulation will be published in the official gazette in the coming days. Withholding[Read More…]

by Comments are Disabled

NECA wants Govt to stop new taxes

The Nigeria Employers’ Consultative Association (NECA) has advised the Federal Government to suspend its new excise duty, taxes and levies. Its Director-General, Adewale-Smatt Oyerinde, in a statement, noted that the increases, if implemented, would be counter-productive, as they would aggravate the rate of unemployment, encourage smuggling, discourage foreign direct investment[Read More…]

by Comments are Disabled