Personal Tax Reliefs: the way to go

August 9, 2021 It is good to note that a good tax legislation should have four attributes namely: ensure equity or equality, ensure a stable economy, possess convenience in its administrative procedures...

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August 9, 2021 / Comments (0)

Reviving the economy: Budget 2021 introduces new taxes, revises existing ones upward

March 16, 2021 NHIS, VAT flat rate up by 1% each New sanitation and pollution levy Fuel prices to go up by 5.7% Banks slapped with 5% extra income tax Road tolls revised New gaming policy introduced...

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March 16, 2021 / Comments (0)

Income Tax Act amended to assist specific tier 3 contributors affected by COVID-19

May 2, 2020 Parliament has amended the Income Tax (Amendment) Act 2015 to exempt withdrawals from third tier Provident funds and personal pension schemes from tax. This is to cushion only contributors...

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May 2, 2020 / Comments (0)

IMF pushes for increment of taxes …Re-introduce 17.5% VAT on financial services; Increase CST to 12% and move income tax to 35%

January 14, 2020 The International Monetary Fund (IMF) has strongly advised government to consider increasing some existing taxes and re-introduce others government branded as ‘nuisance’ and scrapped in...

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January 14, 2020 / Comments (0)

KPMG TAX UPDATE – AUGUST 2018

August 16, 2018 KPMG-Tax Updates – August 2018...

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August 16, 2018 / Comments (0)