Nigerian authorities are to start imposing tax on luxury goods and services, including air tickets, drinks, and jewelries. Kemi Adeosun, minister of finance, disclosed that the Federal Government has signed a policy, which imposes a tax on first-class and business-class air tickets alongside other luxury goods.
Adeosun stated this in a Facebook live presentation Thursday, during which she also fielded questions from Nigerians on the Nigerian tax amnesty scheme.
“we signed something yesterday on luxury goods; champagne, brandy, whiskey, wine, jewelry, high-end jewelry.
“We’ve signed something that will bill access charge on first class and business class tickets, we are just doing the final parts of the implementation and we also want to try and amend the tax payer book on high-end cars, luxury cars,” she said.
- Nigeria’s rising debt stock alarming at N32.92trn
- DLM Capital set to join Nigeria's Fintech space as it obtains MFB license
- N10bn Covid-19 Bailout To Nigeria's Transport Industry shrouded in controversy
- FG reveals plans to begin auctioning of Nigeria’s bitumen blocks by the…
- Pricepally, Nigeria’s digital food startup secures six-figure funding…