Whichever way you look at it, 2011 has been an eventful year. Elections, additional banking reforms, taxation, security challenges and legislative activity including the much-discussed prohibition of same sex unions are just a few signposts along the way. As the popular saying goes, everything—whether good or bad—that has a beginning must come to an end.
As we look forward to the New Year with cautious optimism, it promises to be very interesting starting with the implementation of cashless Lagos by January 2012, possible removal of fuel subsidy, implementation of the new Personal Income Tax (Amendment) Act, transfer pricing and various fiscal policies outlined in the proposed 2012 budget among others.
Whatever happens in the tax world, I will keep you updated on this blog. Posts will resume in the first week of January.
As always, I’m delighted to hear from you so keep your comments and questions coming.
Wishing you all a Merry Christmas and a successful 2012.
Happy holidays!