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No automatic bank deductions under new tax laws – Oyedele

News Room4 months ago04 mins

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, has assured Nigerians that the new tax laws scheduled to take effect on January 1, 2026, will not involve automatic deductions from personal bank accounts, as the reforms are based on self-declaration rather than direct debits. The assurance was given…

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