AMAC: Business owners get 50% tax incentives as COVID-19 palliative

Date:

By Stanley Onyekwere

As part of its palliative to help business owners cushion the effect of COVID-19 pandemic, Abuja Municipal Area Council (AMAC) has disclosed incentives and up to three months window to pay their taxes.
This was made known by AMAC Head of Revenue Division, Mr. Awaje Danlami, during a Virtual Dialogue on Taxation and Post COVID Challenges for Businesses held on Tuesday.
Awaje, who made this assertion while making a presentation on “Taxation and Internally Generated Revenue (IGR)”, noted that the council has given tax payers 50% incentives.
Also speaking during the dialogue, AMAC Chairman, Abdullahi Adamu Candido also reiterated his administration concerted effort to mitigate the down economic impact of COVID-19 especially to ease the burdens on businesses within the Area Council.
“As a result of our sensitivity to this plight being faced by everyone, the council amongst strategies has opened up a citizens’ engagement and feedback mechanism through an e-governance system to enable us navigate through the pandemic, Candido said.
The webinar was moderated by Hon Abiodun Shoyemi-Essiet, SA to the Chairman on ICT, Donor Agencies and Civil Society Organisations and Mrs. Patience Olaloye – Head of Information Unit – AMAC had four presentations.

READ MORE  FCT-IRS attains ACCA approved employer status

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Radda Commissions First General Hospital, 50 Years After Creation of Zango LGA

Radda Commissions First General Hospital, 50 Years After Creation...

Kebbi Govt Pays Over N16 Billion Retirement, Death Benefits 

Kebbi Govt Pays Over N16 Billion Retirement, Death Benefits  Kebbi...

SEC seeks beneficiaries’ improved awareness for unclaimed dividends, dormant

The Securities and Exchange Commission (SEC) says unclaimed dividends...

BREAKING: ICPC Declares Presidential Foreign Intervention Promotion Council Fake, Submits Interim Report to Tinubu

The Independent Corrupt Practices and Other Related Offences Commission...