Category : Search result: business tax fines


20 Creators Picked for Tax Reform Training

Tax reform boss Taiwo Oyedele unveils 20 top content creators for special training on new tax laws. The 'Influencing for Good' programme aims to boost public understanding. See the full list and details.

FIRS Clarifies 4% Development Levy on Imports

The FIRS clarifies the 4% Development Levy is a consolidation of existing charges, not a new tax. Read details on exemptions, free trade zones, and reactions from Nigerian importers.

TIN Not Mandatory for Personal Bank Accounts - FG

The Federal Government clarifies that Tax Identification Numbers are only required for personal bank accounts used for business transactions. Learn the new rules before the January 2026 deadline.

AI's Role in Fixing Nigeria's Tax Trust Deficit

Nigeria's new 2025 tax reforms face public skepticism. This analysis explores how Artificial Intelligence, not just policy changes, can build trust by ensuring transparency in revenue collection and spending.

Barber's Shop Demolished After Huge Investment

A Nigerian businessman's fully-equipped barbing salon was demolished after months of work, leaving him devastated. He blames a terrible access road and a difficult landlord.

Nigeria to Cut CGT and Corporate Tax Rates in 2026

Federal government confirms plans to reduce Capital Gains Tax from 30% to 25% and Corporate Income Tax from 30% to 25% in 2026. Tax reforms to boost business profitability and attract investments.

98% of Nigerian Workers Exempt from Income Tax

Nigeria's new tax reforms will exempt 98% of workers from personal income tax starting January 2026. Learn how SMEs and low-income earners benefit from VAT exemptions and other incentives.

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