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16 Oct The Impact of the National Minimum Wage (Amendment) Act 2024 on PAYE in Nigeria

Posted at 10:56h in News and Publications by estaudit 0 Comments

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Introduction The National Minimum Wage (Amendment) Act 2024 marks a major step toward fair labor practices in Nigeria. Effective July 29, 2024, the Act raises the minimum wage to ₦70,000 and shortens the wage review period from five years to three years. This article highlights the...

14 Oct NIGERIA’S NEW TAX PAYMENT OPTION: Pay Your Taxes in Instalments

Posted at 14:23h in News and Publications by estaudit 0 Comments

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Exciting Changes in Nigeria's Tax Payment System: Introducing Instalment Options! The Federal Government of Nigeria is set to revolutionize tax payments with the introduction of a new option that allows individuals to pay their taxes in instalments. This proposal, featured in the recently submitted Nigeria Tax...