The federal government says there will be tax breaks for companies that employ more staff. A tax break is a benefit that the government offers in terms of tax deduction, credit, exemption, or exclusion that helps individuals and businesses save money on their tax bills. Speaking during an interview on AIT on Tuesday, Wale Edun, minister of finance and coordinating minister of the economy, said the tax breaks will be included in the Inflation Reduction Act. “The Inflation Reduction Act will now contain a range of import duty exemptions, such…
Read MoreEmploy More Staff, Get Tax Breaks, Nigeria Dangles Carrot For Private Firms
