1. VAT increased from 5% to 7.5%.
2. Bank Withdrawal Tax of 3% for individual and 5% for corporate bodies.
3. Bank Deposit Tax of 2% for individual and 3% for corporate bodies.
4. N50 Stamp Duty on PoS transactions above N1,000.
5. Toll Gates to be introduced to collect Tax from motorists across the country.
6. Fresh 9% Tax on GSM calls – Communication tax. That is; if you buy say MTN airtime of N1,000; you will pay N90 as Tax
7. 9% DSTV, GOTV tax; if you do DSTV subscription of N4,000, you will pay N360 as Tax.
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