Finance Act 2024 Nigeria. The federal inland revenue service (firs) has issued a public notice announcing the effective date for the amendments introduced by finance act, 2023 (“fa 2023”) in. Based on the report, the seven key trends that will shape the nigerian economic outlook in 2024 are:

The finance act introduced over 40 amendments to the existing tax and regulatory legislation in nigeria, including the capital gains tax act, companies income tax act,. The presidential fiscal policy and tax reforms committee plans to propose an increase in nigeria’s vat rate from 7.5% to 10%.