PIT: FG To Increase High Earners’ Income Tax To 25%

Henceforth, Personal Income Tax (PIT) to be paid by Nigerians will depend on level of income earned, the Chairman Presidential Fiscal Policy and Tax Reform Committee, Mr Taiwo Oyedele, clarified on Monday. Oyedele disclosed that wealthy Nigerians earning N100 million and above monthly would pay a 25 per cent personal income tax rate if a...The post PIT: FG To Increase High Earners’ Income Tax To 25% appeared first on New Telegraph.

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