Browsing: Withholding tax

“The key changes introduced are to address the identified challenges and specifically include the exemption of small businesses from withholding tax compliance; reduced rates for businesses with low margins; exemptions for manufacturers and producers such as farmers; measures to curb evasion and minimise tax avoidance and the ease of obtaining credit and utilisation of tax deducted at source.”

The Tax Appeal Tribunal, Abuja on Wednesday, ordered a former President of the Nigerian Bar Association, Mr Joseph  Daudu, SAN,…