eliminate

FG Urged To Eliminate VAT On Capital Market Investments

The federal government has been urged to eliminate value added tax on commission and fees paid by investors to stockbrokers while investing in the capital market.

Partner, Financial Service Group, Deloitte Tax Function, Mr. Taiwo Okunade, who made the call at the Sixth Triennial Delegates Conference organised by the Independent Shareholders Association of Nigeria (ISAN) in Lagos, yesterday, said that government must ensure elimination of multiple tax audits currently discouraging investment.

According to him, government must come up with a mechanism for collaboration between the federal government and the state government to reduce multiple tax audits on tax payers.

Speaking …

Tesco To Eliminate 1bn Pieces Of Plastic Packaging By 2020

Tesco To Eliminate 1bn Pieces Of Plastic Packaging By 2020

TheΒ United Kingdom’s biggest retailer, Tesco, has pledged to remove one billion pieces of plastic packaging from products in its UK stores by the end of 2020, seeking to reduce its environmental footprint and meet growing consumer demand for less waste.

Britons have become increasingly aware of the amount of plastic they use following scientist David Attenborough’s Blue Planet II documentary, which highlighted the dangers of plastic pollution to marine life.

Last year, Tesco said it wanted to remove hard-to-recycle materials from its business. It said on Friday it will have eliminated the hardest-to-recycle materials from its own-brand products by