FG plans 25% income tax on wealthy Nigerians …C0NTINUE READING HERE >>>
Taiwo Oyedele, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms has said that the federal government has proposed that personal income for rich people will increase to 25 percent from 2025.
Oyedele disclosed this in its remarks at the 30th Nigeria Economic Summit.
According to him, the new tax policy contained in the Economic Stabilization Bill currently at the National Assembly
will see wealthy Nigerians earning above N1.5 million pay more taxes in the coming months.
Citing a survey by NEGS, he said only 17 percent of Nigerians and 30 percent of businesses pay…
>