NIGERIA’S FINANCE BILL 2021: NOTABLE PROPOSALS AND CHANGES.

The Finance Bill 2021 has been presented to the National Assembly for deliberation, featuring substantial amendments to 12 different laws, set to take effect in 2022. Here are the key proposed changes introduced by the Finance Bill 2021: Capital Gains Tax Company Income Tax Federal Inland Revenue Service Establishment Act Nigeria Police Trust Fund (Establishment) Act Personal Income Tax Act Tertiary Education Trust Fund Act Stamp Duties Act Value Added Tax Act For professional advice on Accountancy, Transfer Pricing, Tax, Assurance, Outsourcing, online accounting support, Company Registration, and CAC matters, please contact Sunmola David & CO (Chartered Accountants & Tax Practitioners) at Lagos, Ogun state Nigeria offices, www.sunmoladavid.com. You can also reach us via WhatsApp at +2348038460036.