Key Tax Changes Proposed In The Finance Bill 2021

The President Muhammadu Buhari led federal government in a bid to keep its promise of a yearly Finance Act has presented the Finance Bill for consideration and passage by the National Assembly. The Bill as expected, has introduced several far reaching changes to the tax structure as we have it. Whilst it remains to be seen what the final outcome of the Bill consideration will be and what the final content of the Finance Act 2021 will look like, it is hoped that the changes will have a positive impact on the Nigerian tax system. In the infographic below, we have highlighted key areas of change for your attention

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