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.
You may be interested
Premier League: Chelsea Overcome Leicester City Away
Webby - November 23, 2024Chelsea defeated Leicester City 2-1 in their Premier League clash at the King Power Stadium on Saturday.Nicolas Jackson gave Chelsea…
CAFCC: Olanrewaju Explains Enyimba’s Switch To Uyo Grass Pitch Ahead Al-Masry Clash
Webby - November 23, 2024Yemi Olanrewaju, Head Coach of Enyimba, has explained to Completesports.com the rationale behind the team’s relocation to the Godswill Akpabio…
Boniface Can Still Play This Year — Leverkusen Boss Alonso
Webby - November 23, 2024Bayer Leverkusen manager Xabi Alonso remains optimistic Victor Boniface will return to action for the club before the end of…