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Nigeria: Tax relief for disability, children and dependent relatives removed - effective 13 January 2020

Amendments to the Finance Act 2019 of Nigeria have been gazetted.

Click here to visit and download the Finance Act.

According to Section 27 of The Finance Act 2019, Section 33 of Personal Income Tax Act has been amended by deleting subsections 4, 5 and 6.

The implication for payroll is that the tax relief for disability, children and dependent relatives has been deleted.

The effective date is 13 January 2020 although the gazette was only made public in February 2020.

This should be backdated and applied from the payroll month of January 2020.

Before installing the software, take note of the following:

  • Your payroll software must be on Release 5.3a or 5.3b which is available on the Customer Zone.
  • Your Nigeria payroll companies must all be in January 2020 or later before extracting the tax file.

Click here to visit software downloads page and follow the instructions below:

  • Select the Africa tab

           

  • For installation instructions click on the Download button next to Africa Tax Changes Installation Notes for Premier/Sage200c – R5.3a/b
  • Click on the Download button next to Nigeria Tax Change for Premier/Sage200c: R5.3a/b (Feb 2020) and follow the installation instructions
  • An information document is also available within the .zip file once you have clicked on the Download button, with more details.