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Tag "Finance Act 2020"

EXCLUSIVE: Workers to pay more income tax in Lagos

    EXCLUSIVE: Workers to pay more income tax in Lagos

The Lagos Internal Revenue Service (LIRS) says personal income tax of employees in the state will now cover “income from all sources” as provided under the Finance Act (FA) 2020.

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Trade minister: Car import levy slash not a policy summersault

    Trade minister: Car import levy slash not a policy summersault

Niyi Adebayo, the minister of industry, trade, and investment, says the reduction in the import levy of automobiles is not a policy summersault. Adebayo told THISDAY on Monday that the

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FG to borrow dormant account balances, unclaimed dividends

    FG to borrow dormant account balances, unclaimed dividends

Unclaimed dividends and bank account balances unattended to for at least six years will be available as special credit to the federal government through the Unclaimed Funds Trust Fund. According

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