Nigeria Tax Act 2025 Explained: What Changed for Workers, and Who Now Pays No Tax
The Nigeria Tax Act 2025 in plain terms: the new PAYE bands, rent relief in place of CRA, who pays no tax, and a…
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29 articles in Tax in Nigeria.
The Nigeria Tax Act 2025 in plain terms: the new PAYE bands, rent relief in place of CRA, who pays no tax, and a…
The Tax Identification Number (TIN) has become a compulsory compliance requirement for both individuals and businesses in Nigeria. It is now one of the…
In 2025, the Nigerian government passed a landmark set of tax laws aimed at overhauling the country’s tax system. These reforms were designed to…
Taxes are the primary source of revenue for governments around the world, including Nigeria. They fund essential services, support economic growth, and help maintain…
A tax audit is a detailed examination of a taxpayer’s financial records, accounts, and tax returns by the tax authority to ensure accuracy, compliance,…
A tax base is the total amount of assets, income, or economic activity that a government can legally tax. It is essentially the “foundation”…
Updated for the tax rules in force from 1 January 2026. The Nigeria Tax Act 2025 replaced the old Personal Income Tax Act rules,…
A progressive tax is a type of tax system where the tax rate increases as income increases. This means people who earn more pay…
Regressive tax is a type of tax system where low income earners end up paying a higher percentage of their income as tax compared…
Company Income Tax (CIT) is a tax paid by companies in Nigeria based on the profit they make from business operations within a financial…
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