Category : Search result: tax rumours debunked


Nigeria's New Tax Residency Rules Explained

Nigeria's new tax law finally clarifies who is a tax resident. Learn the 5-point checklist to determine your liability and understand taxation for residents vs. non-residents.

Man Sends N1m, Debunks New Tax Law Rumours

A Nigerian man shares his experience after sending over N1 million under the new tax law, clarifying there were no extra deductions. Read his story and public reactions.

Market Woman's 'Gift' Advice on New Tax Law Goes Viral

A young Nigerian man's encounter with a market woman over the new 2026 tax law has sparked online debate. She advised labeling a transfer as a 'gift' to avoid deductions. Read the full story and public reactions here.

Banks Begin 10% Tax on Dollar Deposits

Nigerian banks implement a 10% withholding tax on foreign currency deposit interest from Jan 1, 2026. Learn how this new tax law affects your dollar account and who is exempt.

Man Cries Out Over N30k Tax Deduction from Salary

Edidiong Johnson expresses shock after discovering a N30,842 PAYE tax deduction on his November 2025 payslip, sparking debate on Nigeria's new Tax Act 2025 ahead of its 2026 implementation.

NANS to Protest New Tax Laws on January 14

Nigerian students plan nationwide protests on January 14, 2026, against new tax laws. The action follows court rulings and unresolved discrepancies in the gazetted legislation.

Get Your Tax ID Online Using NIN or CAC - JTB Guide

The Joint Tax Board has launched a unified portal for Nigerians to retrieve their Tax Identification Number digitally using NIN or CAC details. Follow our step-by-step guide to access your 13-digit Tax ID from January 1, 2026.

Controversial Tax Reforms Begin Jan 1, 2026

President Tinubu's sweeping tax reforms begin today despite opposition from Atiku and Northern groups. FG insists changes are vital for economic growth. Read the full story.

Tinubu: No Going Back on Jan 2026 Tax Reforms

President Bola Tinubu insists Nigeria's new tax laws will commence January 1, 2026. He calls it a 'once-in-a-generation' fiscal reset, not a tax hike. Read the full details.

Get Your Tax ID with NIN: Simple Steps to Avoid Issues

Nigerians can now retrieve their 13-digit Tax Identification Number (Tax ID) using their NIN via the new Tax ID Portal. Learn the steps for individuals and businesses to comply with the new tax law effective January 1, 2026.

NECA Supports Jan 1 Tax Reform Kickoff

NECA supports Nigeria's new tax laws starting January 1, 2025, urging amendments for genuine concerns. DG Adewale-Smatt Oyerinde calls for macroeconomic gains to reach micro level. Read more.

New Tax Laws to Take Effect Jan 1 as Scheduled

The Federal Government confirms Nigeria's new tax regime will begin on January 1, 2026. The reforms aim for a fairer, more efficient system to boost economic growth. Read the full details.

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