The Internal Revenue Service of Bayelsa, Kebbi and Ogun States have announced various tax reliefs and incentives for taxpayers to cushion the impact of the pandemic on individuals and businesses in their States. We have provided below, a summary of the various palliatives announced by the States:
The Executive Chairman of Bayelsa State Board of Internal Revenue issued a public notice announcing the following tax reliefs and incentives for taxpayers in the State:
The Executive Chairman of Kebbi Board of Internal Revenue Service on Wednesday, 15 July 2020, confirmed the following incentives approved by the State government for taxpayers in the State:
The Ogun State Internal Revenue Service recently issued a Public Notice communicating the following palliatives for taxpayers in the State:
We commend the governments of Bayelsa, Kebbi and Ogun States for introducing these palliatives for taxpayers in their States. Expectedly, these tax reliefs will ease the financial challenges that taxpayers are grappling with as a result of the pandemic.
It is hoped that other State Governments will introduce similar tax reliefs that would ease the financial impact of the pandemic on taxpayers in their States.
Please click here to access KPMG Business Impact Series on COVID-19.
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