Nigeria Govt Exempts Firms Below N25m Turnover From Paying Tax
LAGOS JANUARY 7TH (NEWSRANGERS)-The Federal Government (FG) has announced that small businesses with turnover less than N25m will be exempted from paying Companies Income Tax (CIT). Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed while disclosing this Monday explained that the policy would be effective once the Finance Bill 2019, is signed into law….