Senators kick as Finance Act scales second reading
Some senators yesterday raised concerns that details of the Bill for an Act to amend the Finance Act, 2019 were not made available to them for their input as the upper legislative chamber passed it for second reading.
Finance Act to promote ease of business, say tax professionals
The Federal Inland Revenue Service (FIRS) has assured business owners of growth and improvement in businesses with the new 2020 Finance Act. They added that the Act will bring to end multiple taxation in Nigeria.
‘Efficient implementation of Finance Act requires stakeholders’ support’
Efficient implementation of the Finance Act requires the support of all stakeholders, and ensuring that accounting and tax records are adequately kept by their clients and payments are made in good time.
Finance Act to significantly benefit MSMEs, FMCG, say experts
Experts in Nigeria’s financial services sector have said the provisions of the Financial Act 2020, recently signed into law by President Muhammadu Buhari, would significantly benefit the Fast-Moving Consumer Goods
Investors still wary despite Finance Act’s facelift
Until the numbers begin to fall in place and infrastructure investments that are needed to facilitate businesses are clearly seen, the fiscal turnaround contained in the Finance Act 2020 would still not reduce significantly the high premium now charged for investments in the country.