Relief as proposed tax reform exempts Armed forces, several others from income tax

  • The proposed tax reforms will exempt members of the armed forces, and another 33% of the Nigerian workforce from PAYE
  • This includes low-income earners with a monthly salary of N83,000 or less, making up one-third of workers in Nigeria
  • The tax committee is assuring Nigerian workers that the proposed reform provides for their welfare by also reducing tax for people earning up to N1.7 million per month

Legit.ng journalist Ruth Okwumbu-Imafidon has over a decade of experience in business reporting across digital and mainstream media.

Members of the Nigerian armed forces and others involved in fighting insecurity will be exempt from paying income tax, also known as Pay As You Earn (PAYE).