Tax Reforms Are Economic Policy, Not Politics: Expert
Public policy analyst Aderonke defends Nigeria's tax reforms as essential for economic stability, addressing legislative disputes and urging focus on implementation to boost revenue.
Category : Taxation
New Nigerian Tax Law: Key Changes and Penalties
The Nigeria Tax Act 2025 introduces stricter compliance deadlines and penalties up to 40% for Stamp Duty, PAYE, VAT and Withholding Tax. Learn the key changes affecting businesses and individuals.
FG: 'Paying Tax Is Not Enough' as Deadlines Near
Federal Government issues urgent warning to Nigerians about tax return filing obligations. Taiwo Oyedele reveals alarmingly low compliance rates with deadlines approaching.
Joshua, Rowling, Salah in UK Top 100 Taxpayers List
The Sunday Times Tax List 2026 reveals the UK's biggest taxpayers, including celebrities and entrepreneurs. Betfred founders top the rankings with £400.1m tax payment.
Reps Spokesman Rejects Ndume's Tax Law Allegations
Hon Philip Agbese has dismissed Senator Ali Ndume's allegations of falsified tax laws as misleading and sheer mischief, insisting proper legislative processes were followed.
15 Things to Know About Nigeria's New Personal Income Tax
Understanding Nigeria's updated Personal Income Tax framework with 15 essential facts about assessment, collection, and enforcement procedures.
LIRS Extends Employer Tax Return Deadline to February 7
The Lagos State Internal Revenue Service has extended the deadline for employers' annual tax returns from February 1 to February 7, 2026, to allow for accurate submissions.
2026 Tax Reforms: Enforcement Begins with Digital Income
Nigeria's 2026 tax reforms shift from persuasion to enforcement, targeting digital income and offering employer incentives. Learn how to calculate personal income tax under new rules.
Oyedele Explains Opposition to Nigeria's Tax Reforms
Taiwo Oyedele, chairman of the presidential tax reforms committee, says resistance comes from long-term tax evaders fearing exposure. He compares Nigeria's low revenue to South Africa's performance.
New Tax Laws Bring 50 Reliefs to Nigerians in 2026
Nigeria's sweeping tax reforms effective January 2026 offer significant exemptions including PAYE relief for minimum wage earners, zero-rated VAT on essentials, and business incentives to stimulate economic growth.
Nigerian Workers Get Higher Pay Under New Tax Laws
Nigerian workers report increased take-home pay in January 2026 as new tax reforms reduce PAYE deductions. Presidential committee confirms early benefits.
LIRS Clarifies Tax Recovery Process, Denies Account Seizure
Lagos State Internal Revenue Service Chairman Ayodele Subair clarifies that the agency's power to recover unpaid taxes through third parties is a legal, court-backed process for recalcitrant defaulters, not arbitrary account seizures.
Govt to Recover Unpaid Tax Through Banks, Tenants, Family
Lagos State government announces new tax recovery method using third parties under Power of Substitution law. Banks, employers, tenants may be compelled to pay defaulters' taxes.
YouTuber Mistakes US Tax for Nigerian Government Deduction
A Nigerian content creator sparked online debate after sharing YouTube earnings showing significant tax deduction, initially blaming the Nigerian government before realizing it was US tax withholding.
Man Confirms ₦30,000 Salary Increase Under New Tax Law
A Nigerian man took to social media to confirm his friend received a ₦30,000 salary increase due to reduced tax deductions under the new tax policy, sparking mixed reactions online.
Man's Salary Rises Under New Tax Law, Shares Plans
A young Nigerian man expresses joy as his January salary increases due to the new tax law, revealing the extra amount and how he'll spend it.
Nigerian Man Reports Salary Increase Under New Tax Reform
A Nigerian man has shared his experience with the new tax law, confirming a salary increase but expressing disappointment over the modest amount. The reform has sparked diverse reactions online.
Lagos Tax Reform: Most Taxpayers to Pay Less or Zero
Lagos State Internal Revenue Service analysis shows over 98% of taxpayers will pay reduced or zero tax under new regime, with exemptions for low-income earners and minimum wage workers.
Lady Demands Ban on New Tax Law After N70 Deduction
A Nigerian woman has called on the government to ban the new tax law after N70 was deducted from her account during a transfer, calling the policy unnecessary and burdensome.
LIRS: Fake Tax Transactions Face Penalties from 2026
Lagos State Internal Revenue Service warns taxpayers against artificial transactions to reduce tax liabilities under NTAA 2025, with penalties effective January 2026.
Nigerian Man's Salary Rises Due to New Tax Reform
A Nigerian cybersecurity analyst shares how the 2026 tax laws increased his monthly salary by N3,500 through tax reduction, sparking mixed reactions online.
Lagos to Recover Unpaid Taxes via Banks, Tenants, Debtors
Lagos State Government implements aggressive tax recovery strategy using 'Power of Substitution' to collect unpaid taxes from third parties including banks, employers, and tenants.
Lagos LIRS to Recover Taxes via Banks, Employers, Others
Lagos State Internal Revenue Service announces enforcement of tax recovery through third parties including banks, employers, and tenants under new tax law provisions.
LIRS to Use Banks, Family to Collect Unpaid Taxes
Lagos State Internal Revenue Service will enforce the Nigeria Tax Administration Act 2025, using third parties like banks, employers, and family members to recover tax debts from defaulters.
PAYE Deadline: 12 Key Tax Rules for Nigerian Employers
As Nigeria's annual PAYE filing deadline approaches, employers must understand new tax laws, electronic filing requirements, penalties for non-compliance, and LIRS support services to avoid fines.
Nigerian Lady's Salary Sparks Tax Law Debate
A Nigerian lady's social media post about her January salary and reduced tax deductions under the new tax law has ignited widespread online discussion and mixed reactions.
Reps: Tax Reform Controversy Resolved with CTC Release
The House of Representatives insists the tax reform controversy is over after releasing Certified True Copies, dismissing Minority Caucus claims of alterations in the legislation.
Aviation Leader Criticizes New Tax Law, Calls for Willingness
Professor Obiora Okonkwo, spokesperson for Airline Operators of Nigeria, discusses the impact of the new tax law on aviation, emphasizing the need for transparency and government presence to foster tax compliance.
Oshiomhole Praises Tinubu's Progressive Tax Policy for Workers
Senator Adams Oshiomhole hails President Tinubu's new tax reforms as progressive, shifting burden from poor to rich. Policy takes effect January 2026.
Nigeria's 30-Day Tax Law Puts Nigerians on Clock
The Nigerian government enforces a new law requiring tax payments within 30 days, aiming to boost revenue and curb evasion. This move impacts individuals and businesses nationwide.
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