take-home pay

Workers React to New Tax Laws as Take-Home Pay Changes

IDNN
Nigerian workers have expressed mixed reactions to the new tax laws as changes to PAYE deductions alter take-home pay across income bands. While some employees report slight increases in net earnings, others say the gains are marginal and insufficient to offset rising living costs, highlighting uneven outcomes in early implementation of the reforms....

Oyedele Says PAYE Cuts Are Raising Workers’ Take-Home Pay Under New Tax Laws

IDNN
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, says PAYE cuts are already increasing workers’ take-home pay under Nigeria’s new tax laws. While acknowledging mixed feedback from employees, he insists early salary data confirms reduced deductions and higher net income for most workers, adding that further engagement with employers is underway to address implementation gaps...

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