Masim Reporters

The world is advancing and with the help of technology, things are made easy. Stay at the comfort of your house and do most things yourself. With MASIM VTU website/App you can: √Buy cheap and long lasting data √Buy airtime  √Subscribe DSTV, GOTV or Startime  √Pay Electricity bills √Buy WAEC and NECO Result Checker PINs or WAEC and Jamb registration PINs (Token) Register using the website, then *install* our App www.sabuss.com/masimvtu5 For guide and other info, contact: masimvtu@gmail.com or message us via WhatsApp: 08161419314 You can search for MASIM VTU on Google through Chrome or other browsers  

 The new tax law in Nigeria, signed into effect on June 26, 2025, introduces several key changes aimed at streamlining tax administration, boosting revenue, and promoting economic growth. Here are some of the key details: *Personal Income Tax Reforms* - Individuals earning ₦800,000 or less per annum are exempt from tax, providing relief for low-income earners. - A progressive tax structure applies, with tax rates ranging from 0% to 25% for high-income earners. - Compensation for loss of employment or injury is tax-exempt up to ₦50 million ¹ ². *Corporate Tax Reforms* - Small companies with annual gross turnovers of ₦50 million or less and total fixed assets not exceeding ₦250 million are exempt from Companies Income Tax (CIT), Capital Gains Tax (CGT), and the 4% Development Levy. - The CGT rate for companies has increased to 30%, aligning with the corporate tax rate. - A minimum effective tax rate of 15% applies to large companies with annual turnovers exceeding ₦50 billion or part...