Yachts, Private Jet Owners To Pay Luxury Tax From 2019 - Nigeria’s Minister of Finance, Zainab Ahmed

Date: 26-12-2018 8:44 am (6 years ago) | Author: Mister Jay Wonder
- at 26-12-2018 08:44 AM (6 years ago)
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Nigeria’s Minister of Finance, Zainab Ahmed, has said that owners of yachts and private jets in the country will begin payment of luxury items from 2019.

The minister said “We are exploring ways to increase taxes as well as reduce taxes in some sectors. For Small and Medium Enterprises, government would reduce taxes. But there are some special taxes that we will be looking at imposing,” she said. “For example, luxury taxes. If you have a private jet, we will be taxing you specially for that. If you have a yacht, we will be charging you for that and also in terms of excise duties, there are also some new areas where excise duties will be introduced.

Posted: at 26-12-2018 08:44 AM (6 years ago) | Addicted Hero
- dopygenius at 26-12-2018 11:26 AM (6 years ago)
(m)
Good one, focus on the rich and live the low life people
Posted: at 26-12-2018 11:26 AM (6 years ago) | Gistmaniac
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- nemacris at 26-12-2018 02:31 PM (6 years ago)
(m)
Great plans.also impose annual tax on housing properties and cars.
Posted: at 26-12-2018 02:31 PM (6 years ago) | Newbie
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- MorganR at 26-12-2018 06:15 PM (6 years ago)
(m)
Makes sense...
Posted: at 26-12-2018 06:15 PM (6 years ago) | Newbie
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- Henrybobo at 27-12-2018 10:59 AM (6 years ago)
(m)
All of u saying its make sense..  Ask yourself what have they done with the one they have been collecting.. 
Posted: at 27-12-2018 10:59 AM (6 years ago) | Gistmaniac
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