Effective Date Of Finance Act 2025. The federal inland revenue service (firs) has issued a public notice announcing the effective date for the amendments introduced by finance act, 2023 (“fa 2023”) in. 2 bill 2025 (also known as spring finance bill 2025) received royal assent on 24 may 2025, becoming finance (no.2) act 2025.
The finance bill 2025 was granted royal assent on 22 february 2025 becoming the finance act 2025, with many measures coming into effect from that date. We note that in the bill, some of the proposed amendments, particularly those relating to income tax, have an effective date of 1 january 2025, while most of.
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