4 Fundamental Facts about Personal Income Tax (PIT) Incentives in Nigeria

  • Did You Know that tax incentives are deductions, exclusions or exemptions from a tax liability offered as an enticement to engage in a specified activity that would benefit the economy of a country in the long run?  
  • Did You Know that tax incentives are government measures intended to encourage individuals and businesses to either invest money into the economy or save money by reducing the amount of tax they are liable to pay
  • Did You Know also knowthat, in Nigeria, there are some incentives on Personal Income Taxes (PIT)?
  • The following are the four fundamental facts you need to know about the incentives given for PIT in Nigeria:
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