VAT, Multiple Taxations Undermine Stock Market Performance
Barely two years after the resumption of Value Added Tax (VAT) to the stock market, investors have returned about N30 billion into government coffers. The amount includes the 10 per cent withholding taxes remitted to the government, despite...
Agric-Based SMEs To Get 6 Years Tax Holiday
West Africa Tax leader and member of PwC Global Board for Leadership Development, Mr Taiwo Oyedele, has revealed that Small and Medium Enterprises (SMEs) and other small companies in agricultural production may be granted pioneer status for...
Cash Grant, Tax Holiday Crucial To Business Recovery
Nigerian businesses that have been impacted by the COVID-19 pandemic are asking for government grants that will cater to about 50 to 70 per cent of their workers’ salaries for the next four months.
The business leaders, who...
In order to attract private investors, the Federal Executive Council has approved a tax relief scheme to woo stakeholders willing to partner with government in the urgent task of rebuilding the nation’s dilapidated roads and other infrastructure.
According to the Minister of Finance, Kemi Adeosun...
...Seeks Support for ‘Green Bonds’ Projects
There are strong indications that the federal government is considering granting further tax holiday to investors in the power sector in its bid to help stimulate investment in the sector.
A top government source told THISDAY that the Minister of...
