Finance Act 2020 And Its Impact on Employment Tax

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Monday, January 25, 2021 / 9:00 AM / By Deloitte / Header Image Credit:  Businessday

 


President Muhammadu Buhari, on 31 December 2020, signed into law, the 2021 Appropriation Act and the 2020 Finance Act.

 

The Finance Act, 2020 (the Act) amends portions of various extant tax provisions, including that of the Personal Income Tax Act (PITA), Cap P8, LFN, 2007 (as amended by the Personal Income Tax (Amendment) Act, 2011).

 

In this article, we have highlighted some of the major changes to PITA and how these impact payroll taxes with effect from 1 January 2021.

 

Please click here to explore the detailed article.

 

Proshare Nigeria Pvt. Ltd.


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Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

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