The tax reforms will benefit you in many ways, here is how

A. Households and individuals including the youth: 1. Complete exemption of low-income earners up to N1m p.a. (about N83k per month) from PAYE. 2. Reduced PAYE tax for those earning a monthly salary of N1.7m or less. 3. Zero (0%) VAT on food, healthcare, education, electricity generation and transmission. 4. VAT exemption on transportation, renewable […]

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