Federal Government don introduce new way for people to pay tax, and dis one dey allow dem pay in instalments. Dis decision come after Securities and Exchange Commission approve Nigerian Breweries Plc‘s N599.1 billion rights issue extension.
Dis new tax payment plan go help people wey no fit pay all their tax at once. Instead, dem go fit break am into smaller amounts and pay over time. Dis go reduce stress and make it easier for citizens to comply with tax laws.
According to sources, dis instalment payment option part of efforts to make tax payment more flexible and accessible to everyone. It also aim to increase tax compliance and generate more revenue for the government.
Experts believe say dis new policy go have positive impact on economy, as more people go be willing to pay tax without feeling overwhelmed by one-time large payments.