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The Nigerian government has assured small businesses of exemption from taxes by raising the tax exemption threshold for SMEs from N25 million to N50 million in annual turnover. The Tinubu ...

1. The EV tax credit was overhauled in 2022 with new rules for buyer eligibility as well as battery sourcing. The complex battery requirements — aimed to lessen dependence on foreign sourcing of ...

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2022-23, 2021-22, 2020-21, 2019-20 and 2018-19. Please note this tool makes standard assumptions to estimate your tax breakdown and doesn't take into account other things you pay like pension ...

And because of this, he has announced the exemption of Goods and Services Tax (GST) on 13 essential household items – including rice, tinned fish and chicken – by 1 July 2025. Mr Marape said, ...

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Basic income gives many participants the financial boost they need to afford necessities. Shamarra Woods, a 31-year-old Atlanta resident, spent basic income on bills and day care for her toddler ...

The basic living expense tax deduction has been raised to NT$210,000 (US$6,457) from NT$202,000 and is to be applicable during the tax season in May next year, the Ministry of Finance said yesterday.