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New tax system: Are bank transfer descriptions that important? Experts don't think so
Summary by technext24.com
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1 Articles
New tax system: Are bank transfer descriptions that important? Experts don't think so
In 22 days, Nigerians will enter a new fiscal reality that will prompt them to distinguish between taxable and non-taxable income received. With mobile transfers now being a major way of moving money, there is an urgency for every income earner to understand the distinction between taxable and non-taxable inflows and maintain robust documentation to avoid being classified as tax-evading or having non-income transfers wrongly assessed. This has r…
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