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The New Finance Act 2020 And Its Implications On Nigerians - Business - Nairaland

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The New Finance Act 2020 And Its Implications On Nigerians by Francisco01(m): 9:34am On Nov 13, 2020
*THE NEW FINANCE ACT*

The new finance act recently implemented kicked off with the introduction of 7.5% as new VALUE ADDED TAX from 5%, it also requires all bank account to be furnished with tax identification number and bank verification number

The demand of TAX IDENTIFICATION NUMBER & BANK VERIFICATION NUMBER from all businesses including PARTNERSHIP & SOLE PROPRIETORS by banks is to assist Federal & state government detect tax avoidance and tax evasion by Nigerian

Note: While Tax Avoidance is acceptable& legal, Tax Evasion is illegal &punishable

Dear BUSINESS OWNERS do not wait until the income tax officer visit you for tax evasion

You can work with us to help you *AVOID TAX , SAVE TAX, DIVERSIFY TAX and GET RETURNS ON TAX*
Re: The New Finance Act 2020 And Its Implications On Nigerians by Francisco01(m): 9:35am On Nov 13, 2020
Francisco01:
*THE NEW FINANCE ACT*

The new finance act recently implemented kicked off with the introduction of 7.5% as new VALUE ADDED TAX from 5%, it also requires all bank account to be furnished with tax identification number and bank verification number

The demand of TAX IDENTIFICATION NUMBER & BANK VERIFICATION NUMBER from all businesses including PARTNERSHIP & SOLE PROPRIETORS by banks is to assist Federal & state government detect tax avoidance and tax evasion by Nigerian

Note: While Tax Avoidance is acceptable& legal, Tax Evasion is illegal &punishable

Dear BUSINESS OWNERS do not wait until the income tax officer visit you for tax evasion

You can work with us to help you *AVOID TAX , SAVE TAX, DIVERSIFY TAX and GET RETURNS ON TAX*

for more information please call
obilor Francisco
07033895094

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