Friday, 30 September 2016

Federal Government to reduce taxes for small and medium enterprises

The Federal Government of Nigeria is presently considering implementing  tax reductions for small, micro and medium enterprises. This is line with plans to stimulate economic growth, encourage business start-up and increase profitability. This recommendation was put forward by the Minister of Finance Mrs. Kemi Adeosun  after a 12-member committee reviewed the nations tax policy. The committee also put forward other recommendations geared towards expanding the production capabilities of the nation.


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