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Nigerian Government Introduces Tax Payment In Instalments

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Content provided by Africa Business Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Africa Business Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
The Federal Government has proposed introducing a tax payment option that enables individuals to pay their taxes in instalments. It introduced this in the Nigeria Tax Bill 2024, recently submitted to the National Assembly for consideration and approval. Our correspondent obtained a copy of the draft on Sunday. The government also proposed the creation of a special account by the Accountant-General of the Federation for tax refunds. The government instituted a comprehensive set of fresh tax reforms aimed at significantly boosting revenue collection. The four new bills sent to the two chambers of the National Assembly are aimed at giving legislative frameworks to some proposals of the Presidential Fiscal Policy and Tax Reforms Committee headed by Taiwo Oyedele.
Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
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1000 episoade

Artwork
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Manage episode 445590582 series 2908425
Content provided by Africa Business Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Africa Business Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
The Federal Government has proposed introducing a tax payment option that enables individuals to pay their taxes in instalments. It introduced this in the Nigeria Tax Bill 2024, recently submitted to the National Assembly for consideration and approval. Our correspondent obtained a copy of the draft on Sunday. The government also proposed the creation of a special account by the Accountant-General of the Federation for tax refunds. The government instituted a comprehensive set of fresh tax reforms aimed at significantly boosting revenue collection. The four new bills sent to the two chambers of the National Assembly are aimed at giving legislative frameworks to some proposals of the Presidential Fiscal Policy and Tax Reforms Committee headed by Taiwo Oyedele.
Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
  continue reading

1000 episoade

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