The long awaited amendment to the Nigerian Personal Income Tax Act 2004 came into being in December 2011, without much fanfair. This Act, provide the Nigerian employee a huge tax cut. In the history of Nigeria, among several other tax law promulgations todate, this is the only time the Government has positively, legislated a law that put money in the hands of employees!
What FG workers will now earn
WITH effect from this month (July 2010), federal civil servants are to earn an enhanced pay based on the harmonization of salaries following negotiation of the Federal Government and the trade union side of the Joint Public Service Negotiating Council.
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