On 23 December 2020, the President assented into law the Tax Laws (Amendment) (No.2) Act, 2020, which has made significant amendments to the Covid-19 tax relief rates introduced in April 2020 under the Tax Laws (Amendment) Act, 2020. The taxes affected include employment tax (PAYE), corporation tax and value added tax.
The changes are effective 1 January 2021. See more details…
