Tax Reforms: No one will touch money in your bank account, Oyedele assures Nigerians
Amid rising public anxiety over the ongoing tax reforms, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, yesterday dismissed fears that the government plans to deduct money directly from bank accounts, insisting that such claims are “false, dangerous and capable of destabilising the economy.”
You will pay 15% VAT: 20 key provisions of the Nigeria Tax Bill, 2024
The Nigeria Tax Bill entitled, ‘An Act to Repeal Certain Acts on Taxation and Consolidate the Legal Frameworks Relating to Taxation and Enact the Nigeria Tax Act to Provide for Taxation of Income, Transactions and Instruments, and for Related Matters’, is among the three bills transmitted to the National Assembly by President Bola Tinubu on October 3, 2024.
Reps pass Tinubu’s Tax Reform Bill for second reading
The House of Representatives has passed for second reading four consolidated tax reform bills submitted by President Bola Tinubu on Wednesday, with no opposition from members.
Cartoon: ‘Aboki, I say leave this ladder maza maza!’
Cartoon: ‘Aboki, I say leave this ladder maza maza!’
Governors back Tinubu on tax reform, propose new VAT sharing formula
The governors have resolved that there should be no increase in the VAT rate or reduction in Corporate Income Tax, CIT, at this time
‘They cancelled our meeting four times’ – Oyedele denies claims tax c’ttee failed to consult governors
“The Governors’ Forum invited us four times and cancelled four times. The fifth time, we were kept waiting until 1:30 a.m., then they said we had 15 minutes”
