A customer places an order. A service is delivered. An invoice is raised. Revenue is recorded. Tax is calculated and reported. It sounds simple. But
Nigeria’s new tax laws introduced a harmonised taxpayer identification system under the Nigeria Tax Administration Act, 2025 (NTAA). Under Section 4 of the Act, every
When discussions about pensions arise, most people immediately associate them with retirement. While retirement is an important outcome, pension contributions serve a much broader purpose.
As we approach the statutory deadline of 31 January, employers are reminded of their obligation to file Annual Employer Pay-As-You-Earn (PAYE) Returns for the preceding
Foreign companies are once again paying close attention to Nigeria. With a population of more than 220 million, a fast-growing digital economy, rising entrepreneurial activity
Nigerians have been asking one big question: why on earth should we pay more again whenever we buy fuel?. The new Nigeria Tax Act, 2025
Introduction In a landmark move aimed at overhauling Nigeria’s tax landscape, President Bola Ahmed Tinubu signed into law four major tax reform Acts in June
Today, 26 June 2025, President Bola Tinubu formally signed into law a bold suite of four tax reform bills that promises to streamline Nigeria’s fiscal landscape. What was signed? The
The Federal Ministry of Finance, on 1 July 2024, issued a New ‘Deduction of Tax at Source (Withholding) Regulations 2024’, as part the country’s fiscal policy and
The Federal Inland Revenue Service (FIRS) recently issued an Information Circular to provide clarity on the appropriate tax treatment of foreign exchange (forex) transactions. This
