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Consumers, Companies’ Taxes Increase by 96% to N2.3trn

Consumers, Companies’ Taxes Increase by 96% to N2.3trn   Government revenue got a boost as taxes from companies and consumers rose by 96.11 per cent to N2.31trn in the second quarter of 2023, signifying a huge jump between the first quarter and second quarter of the...

Firms Earning Below N25m ‘ll Not Pay Companies Tax – Minister

Firms Earning Below N25m 'll Not Pay Companies Tax - Minister   The Finance Bill 2019, when signed into law, will ensure that small businesses with turnover less than N25m will be exempted from Companies Income Tax, the Federal Government has said. Currently, all companies are expected...