This commentary provides a tax guide through a practitioner’s lens on key tax policy measures and budget implications, emphasizing the following policy propositions in the Minister’s Speech.
Penalty waivers on interest and tax arrears, Tax exemptions for Start-Ups, Domestic revenue mobilization and Tax enforcement implications of the planned revenue mobilization measures. The guide further distills the speech and highlights key takeaways on what entrepreneurs, and business leaders at the helm of startups, SMEs and large businesses need to know, particularly on Tax waivers, Tax exemptions, planned Reduction in domestic borrowing, Reduction of domestic arrears and Investments in oil and gas and Infrastructure. Read on below;