• Federal Government Simplifies Withholding Tax Regime
• New Withholding Tax Rules Approved to Support SMEs

FG Simplifies Withholding Tax Regime, Eases Business Compliance

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  admin / 11 months
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• 1 min read

The Federal Government has introduced a simplified and business-friendly withholding tax regime, as announced by Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee. The new regime aims to address the challenges of the existing system, which was established in 1977 to combat tax evasion and ensure a steady revenue flow. Over […]