FG Gazettes 2024 Withholding Tax Regulations …C0NTINUE READING HERE >>>
The Federal government has published the Deduction of Tax at Source (Withholding) Regulations, 2024, in the official gazette.
According to the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, the regulation was gazetted today, Wednesday, 2nd October 2024.
The Withholding Tax Regulations grant rates reduction and full exemption from withholding tax to many businesses, including Small and Medium Enterprises (SMEs) with annual turnover not exceeding ₦25 million.
“The commencement date of the new Regulations is 30th September 2024, while…
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