The Trade Union Congress of Nigeria, TUC, has called for review of some items in the tax reform bills for the benefit of Nigerians. TUC President, Festus Osifo made the call in a statement on Tuesday following the organization’s National Executive Council meeting. “The threshold for tax exemptions should be increased from the current N800,000 per annum, as proposed in the bill, to N2,500,000 per annum. “This will provide relief to struggling Nig…

Daily Post Nigeria

Nigeria

TUC calls for review of items in tax reform bills, opposes VAT hike

Media Bias/Fact Check

Independent business

The Trade Union Congress of Nigeria has called for an increase in the tax exemption threshold from N800,000 to N2.5m per annum to ease economic challenges faced by low-income earners.

Punch Newspapers

TUC proposes N2.5m threshold for personal income tax waiver

ShareOrganised Labour on Tuesday opposed the proposed increase in the Value Added Tax (VAT) rate, as outlined in the Federal Government’s Tax Reform Bills. The Labour union under the umbrella of the Trade Union Congress (TUC) of Nigeria warned that the move could worsen the economic hardship faced by Nigerians. Speaking at a press conference... The post VAT Hike: TUC Calls On FG For Review, Says It Could Worsen Hardship appeared first on New Tel…

Newtelegraph

VAT Hike: TUC Calls On FG For Review, Says It Could Worsen Hardship

…Faults Moves To Assign Royalty Collection To Nigeria Revenue Service The President of the Trade Union Congress (TUC), Festus Osifo, has called for an

The Whistler Nigeria

Tax Reform Bills: Raise Threshold For Tax Exemption From ₦800,000 To N2.5m, TUC Tells FG

The Trade Union Congress (TUC) has opposed the Nigerian government’s proposal in one of the tax reform legislation to raise the Value-Added Tax (VAT) from the existing 7.5% to 10%, 12.5%, and then 15%. The TUC President Festus Osifo declared in a statement on Tuesday that “it is in the best interest of the country to keep the VAT rate at 7.5%, as raising it would put an additional financial burden on Nigerians, many of whom are already strugglin…

News Central - Latest Africa News

"Money Burden": TUC Opposes Nigerian Government's Proposed VAT Rise

The Trade Union Congress of Nigeria (TUC) has called for review of some items in the tax bills for the The post TUC calls for review of items in tax reform bills appeared first on National Accord Newspaper.

National Accord Newspaper

TUC calls for review of items in tax reform bills — National Accord Newspaper

The Trade Union Congress of Nigeria (TUC) has urged the federal government to review certain provisions in the proposed tax reform bills to alleviate the economic challenges faced by Nigerians. TUC President, Festus Osifo, made this appeal in a statement on Tuesday following the organization’s National Executive Council meeting. Osifo called for an increase in [...] Source from InfoStride News

The InfoStride

TUC Calls for Review of Tax Reform Bills to Ease Economic Hardship

The post TUC kicks against Nigeria govt’s proposed VAT increase appeared first on Kemi Filani. The Trade Union Congress of Nigeria (TUC) has kicked against the proposed increase in the Value Added Tax (VAT) rate by the federal government. TUC have warned that such a move would exacerbate the economic challenges faced by Nigerians. The proposed phased VAT hike, outlined in the Federal Government’s Tax Reform Bills, seeks to raise […] The post TUC…

Kemi Filani News

TUC kicks against Nigeria govt’s proposed VAT increase

Tax Reform Bill –TUC Wants VAT Rate At 7.5%—-The Trade Union Congress has advocated that the Value Added Tax rate remains at 7.5 per cent as any increase will place additional financial burden on Nigerians.   Mr Festus Osifo, TUC President said this in a statement on Tuesday in Abuja.   According to him, many […]

Thegeniusmedia

Tax Reform Bill -TUC Wants VAT Rate At 7.5%

The Trade Union Congress has advocated that the Value Added Tax rate remains at 7.5 per cent as any increase will place additional financial burden on

TUC calls for review of items in tax reform bills, opposes VAT hike

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics