JUST IN: FG exempts SMEs, farmers, manufacturers from paying withholding tax

Punchng | 02-07-2024 10:51pm |

The Federal Government has approved the exemption of small businesses, manufacturers and farmers from paying withholding tax as a way of reducing the tax burden on businesses. It also introduced key changes to the previous tax regime such as reduction of rates for businesses with low margins and measures to curb evasion. The Chairman of Read More

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