Firms with less than N25m turnover exempted from Companies Tax – Daily Trust

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Firms with less than N25m turnover exempted from Companies Tax

Firms operating with less than N25million turnover in the country will be exempted from paying the Companies Income Tax.

 

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Company tax: FG to exempt firms earning less than N25mAuditors for hire will now have a field day, customizing major companies annual earnings. We appreciate MBuhari for this one but, we need more done. We need at least a stable power. No matter how hard firsNigeria try,FIRS workers at the bottom will still not allow things work. Why will private auditors be charging tax payers ridiculous amount for auditing? cenbank should work a way where tax will be deducted directly from company accounts per transaction
Source: MobilePunch - 🏆 8. / 63 Read more »

Company tax: FG to exempt firms earning less than N25mAuditors for hire will now have a field day, customizing major companies annual earnings. We appreciate MBuhari for this one but, we need more done. We need at least a stable power. No matter how hard firsNigeria try,FIRS workers at the bottom will still not allow things work. Why will private auditors be charging tax payers ridiculous amount for auditing? cenbank should work a way where tax will be deducted directly from company accounts per transaction
Source: MobilePunch - 🏆 8. / 63 Read more »