NLC Seeks Quick Passage Of Personal Income Tax Bill

The Nigeria Labour Congress (NLC) last Wednesday in Abuja urged the National Assembly to quickly pass the amended Personal Income Tax Bill.

Dr Peter Ozo-Ezon, Chief Economist of the NLC, told newsmen  that the personal income tax law currently existing in the country had become outdated.

He said that following the consolidation of personal emoluments in the federal public service, there was need to amend the Personal Income Tax Act.

The passage of the bill, he noted, would properly define the issue of relief, adding: “We can start defining relief in terms of number of children and to know if people are married.

“People make claims that are not true. People are put in a position where they have to lie in order to seek tax relief. I do not think that is necessary.

“The passage of the new bill before the National Assembly will remove all that. With the passage, there would be a clear definition of relief to income earners.”

Ozo-Ezon also said that the passage of the bill would enhance the relief to be applicable to the present salary structure.

“ We appeal to the National Assembly to pass and send it to the president for assent before the terminal date of the National Assembly, ” he added.