Nigeria’s new tax laws, explained

The Nigeria Tax Act, 2025 and its companion laws took effect on 1 January 2026. Our guides explain what changed and how it affects companies and income earners.

Corporate Tax

6 October 2026 · 6 min read

The 15% Minimum Effective Tax Rate for Large Companies

Groups with turnover of ₦50 billion or more, and members of large multinational groups, must now pay at least 15%. What the NRS’s 2026 circular clarifies.

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Compliance

15 September 2026 · 7 min read

Penalties, Objections and Appeals Under the Nigeria Tax Administration Act

Fines for late filing, unregistered contractors and missed deadlines have risen sharply. Here is what non-compliance costs — and how to challenge an assessment.

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Compliance

4 August 2026 · 5 min read

E-Invoicing and the Electronic Fiscal System: Deadlines and What to Do

Large taxpayers had until 31 July 2026. Medium taxpayers started from 1 July 2026, and emerging taxpayers follow on 1 July 2027. Here is the roadmap.

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Corporate Tax

14 July 2026 · 5 min read

The 4% Development Levy Explained

One levy now replaces the tertiary education tax, IT levy, NASENI levy and Police Trust Fund levy. Here is how it is calculated and who pays it.

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VAT

11 May 2026 · 6 min read

VAT in 2026: Same 7.5% Rate, Very Different Rules

Input VAT on services and fixed assets is now recoverable, more essentials are zero-rated, and returns are due by the 21st. What finance teams must change.

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Tax Reform

20 April 2026 · 6 min read

Capital Gains Under the New Law: Shares, Property and Indirect Transfers

The flat 10% CGT is gone. Companies now pay at the corporate rate and individuals at their income tax rates — with a ₦150 million share-sale exemption.

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Corporate Tax

2 March 2026 · 5 min read

The Small Company Exemption: Who Qualifies — and Who Doesn’t

Turnover of ₦100 million or less and fixed assets under ₦250 million can mean zero CIT, CGT and development levy. But professional services firms are excluded.

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Personal Tax

9 February 2026 · 5 min read

Rent Relief Replaces CRA: What Tenants and Homeowners Should Know

The Consolidated Relief Allowance is gone. Tenants can now claim 20% of their rent up to ₦500,000 — but homeowners get nothing in its place.

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Personal Tax

26 January 2026 · 7 min read

The New PAYE Bands: What Employees Take Home in 2026

A 0% band up to ₦800,000, top rate of 25%, and no more CRA. We walk through three salary examples to show who pays more and who pays less.

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Tax Reform

12 January 2026 · 6 min read

Nigeria’s 2025 Tax Reform Acts: What Changed and Why It Matters

Four new laws, a new revenue service and a rewritten tax code took effect on 1 January 2026. Here is the map every business owner and earner needs.

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Not sure how the new laws affect you?

Book a consultation and we will review your position under the Nigeria Tax Act 2025.

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