Ask Atiku Abubakar — Official Citizen Engagement Platform

What will you do to help small businesses that are struggling with taxes?

I will introduce tax reductions or credits for small businesses based on the number of employees they hire and retain. I will provide temporary tax relief for startups and small businesses in their early years. And I will offer payroll tax incentives for businesses that expand their workforce. This is how we will support small businesses to grow and keep more people employed.

Where this comes from

p. 17 1.10. DIGITAL ECONOMY Party Manifesto 2027-2031 2026-10-05 ›
● Introduce tax reductions or credits for MSMEs based on the number of employees they hire and retain ● Provide temporary tax relief for startups and small businesses in their early years of operation ● Offer payroll tax incentives for businesses that expand their workforce 2. Encourage formalization without punishment. We will bring informal businesses into the formal economy by making it beneficial, not burdensome. ● Provide tax amnesty or grace periods for informal businesses that register ● Link tax compliance to access to government support, financing, and incentives ● Ensure that newly formalized businesses are not immediately overburdened with taxes and returns The ADC will: 1. Build a globally competitive digital economy. We will move beyond infrastructure to fully unlock Nigeria's digital potential, positioning Nigeria as a leader in fintech innovation, and future technologies, while creating jobs and expanding opportunities for Nigerians.
Ask another question Talk to Atiku

← Ask your own question  ·  More answered questions