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.
Category : Search result: Personal Income Tax rules
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.
Manufacturers Warn of Job Losses Over New Sugar Tax
Nigerian manufacturers oppose a Senate bill to raise sugary drink taxes to 20%, fearing massive job losses. Health Ministry backs the tax for public health funding. Read the full debate.
Taxtech: New Law Raises Low-Income Spending Power
Taxtech explains Nigeria's new progressive tax law: minimum wage earners pay zero tax, low-income workers see lower rates, boosting purchasing power. High earners pay more.
New Tax Law 2025: What Nigerian Workers Must Know
Nigeria's comprehensive Tax Act 2025 takes effect Jan 1, 2026. This guide explains new rates, deductions, and how to calculate your tax as a salary earner or freelancer.
New Tax Regime May Trigger Capital Flight - Expert
Dele Kelvin Oye warns Nigeria's 2025 Tax Act with 200% CGT hike could derail investments. Discover the risks and proposed policy solutions to safeguard Nigeria's economy.
NOA to Drive Public Tax Law Education Before 2026
National Orientation Agency partners with tax committee to educate Nigerians about new Tax Act benefits starting January 2026. Learn how this affects you and combat misinformation.
How Citizen Movements Shaped Nigeria's Tax Reforms
Discover how sustained citizen advocacy through Oxfam programs influenced Nigeria's new tax laws and climate justice initiatives, empowering communities across multiple states.
Peter Madrigal: Vanderpump Rules Star's New Venture
Explore Peter Madrigal's journey from SUR restaurant manager to reality TV star and his new media company. Discover his net worth, relationships, and career evolution.
Tinubu Sets Up National Tax Implementation Committee
President Tinubu establishes National Tax Policy Implementation Committee chaired by Joseph Tegbe to coordinate new tax laws rollout. Committee to ensure seamless implementation.
Health Minister Pate Advocates Stronger SSB Tax Reform
Nigeria's Health Minister Prof. Ali Pate joins CSOs urging Senate to replace fixed ₦10/litre SSB tax with percentage-based levy to curb rising diabetes, obesity rates and fund healthcare.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector drives growth while manufacturing faces challenges.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector dominates while manufacturing faces challenges.
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 by 2026
Tax reforms chairman Taiwo Oyedele reveals 98% of Nigerian workers will be exempt from personal income tax starting January 2026. Small businesses also get VAT relief. Learn how this affects you!
EU Could Fine Elon Musk's X Platform by 2025 End
The European Union may impose a fine on Elon Musk's X platform for violating digital content rules by end of 2025. Discover how this landmark case tests EU's tech regulation power.
CITN Links Tax Reform Success to Professionalism
CITN President emphasizes that Nigeria's January tax reforms require ethical, professional tax workforce. 685 new fellows urged to lead transformation.
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.
LIRS Promotes Tax Education in Lagos Schools
Lagos Inland Revenue Service partners with DKK to host Tax Trybe debate competition, educating students about taxation importance and creating future tax ambassadors.
FG Clarifies Tax Law Misconceptions for 2026
Federal Government clarifies misconceptions about new 2026 tax reforms. Most Nigerians will pay less or no tax. VAT removed from food, education, healthcare.
EU spares Germany from budget rules over defence spending
European Union exempts Germany from budget deficit punishment due to increased defence spending. Learn how EU rules adapt to security threats.
New Nigerian Tax Guide: Register, Pay via Approved Channels
Learn the new digitised tax process for Nigerian businesses. Register on TaxPro-Max, generate assessments, and pay via approved channels like Flutterwave and Remita. All funds go to CBN.
Simplified Digital Tax Payment Guide for Nigerian Businesses
Learn how Nigerian businesses can now pay taxes easily through the fully digital TaxPro Max system. This guide explains the secure process, approved payment channels, and benefits for national development.
New Simple Tax Process Every Nigerian Must Know
Discover Nigeria's simplified tax payment process using TaxPro Max. Learn how businesses and individuals can now pay taxes quickly and securely through digital platforms.
Calculate Your Salary Tax in Nigeria: 2026 Guide
Learn how to calculate PAYE tax on your Nigerian salary in 2026. Understand tax bands, reliefs, and get step-by-step calculation examples for financial clarity.
Shoprite refutes Lagos store sealing claims
Shoprite Nigeria clarifies false reports about outlet sealing at The Palms Lekki. Company confirms ongoing tax reconciliation with Lagos IRS while maintaining operational normalcy. Read official statement.
Nigeria to Tax Cryptocurrency Under New Law
Nigeria's new tax reform mandates taxation on virtual currencies while exempting capital market gains. Chairman Taiwo Oyedele urges young investors to consider regulated markets.
UK to Ban Migrant Benefits, Tightens Settlement Rules
UK Home Secretary announces radical migration reforms, proposing to strip benefits from non-citizens and extending the settlement wait from 5 to 10 years. Learn the full implications.
Banks Notify Customers on 10% Withholding Tax
Nigerian banks are informing customers about FIRS enforcing 10% withholding tax on fixed-income securities interest. Learn how this affects your investments and which instruments remain exempt.
Viral Naming Ceremony Rules Protect Newborn's Health
A Nigerian lady shares hilarious but practical rules from her friend's naming ceremony. Discover why rule number 5 about baby talk sparked the most reactions online.
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