Tinubu Tax Reforms - FAQs

Above is the infographic display of Nigerian Tax Reforms Bill 2024 for your considerations.

New tax reform - a better life for all stakeholders

Summary:

1. Reducing tax burden from 63 to 9. 

2. Cut-off tax touts and hoodlums levies from Nigerian roads -render them as criminals.

3. Give a sigh of relief for Haulage drivers from tax touts and hoodlums incessant harassment as they haul goods across Nigeria. 

4. Exempt the poor & low income earners

5. Lower tax for some income earners 

6. Ease of tax payment from the comfort of your home using mobile devices

7. Increase revenue for all the States, LGs & Federal.

8. Reducing Nigerian reliance on oil. 

9. Help relieve the burden of tax collection responsibilities for all the tiers of government.

10. Single point of collection throughout Nigeria - online using NRS

11. Ease tracking, monitoring and payment online, simply by using USSD code.

Open the image above for more information.

God bless Nigeria!