The Lagos State House of Assembly is currently deliberating on the "Lagos State Harmonised Taxes and Levies (Approved List for Collection) Bill 2025," which seeks to address the issues of multiple taxation and illegal levies within the state. This proposed legislation aims to streamline the existing tax framework by consolidating over 60 different levies into nine main categories, thereby simplifying the tax collection process. Additionally, the bill includes provisions to prohibit unauthorized groups from imposing levies, ensuring that only designated authorities can collect taxes. Public hearings have already taken place to gather input on the bill, reflecting the government's commitment to improving the tax system in Lagos State.
Related Articles
Don't miss out on breaking stories and in-depth articles.