A young Nigerian lady filed her taxes with the Lagos Inland Revenue Service before the March 31 deadline and shared the confirmation message online, urging others to comply and sparking public reactions.
The Lagos State Internal Revenue Service has extended the deadline for filing individual annual tax returns by two weeks to April 14, 2026, with electronic filing through the eTax platform remaining mandatory.
Nigerians face a March 31 deadline to file personal income tax returns under the new Tax Act 2025. The law introduces rent relief, removes the Consolidated Relief Allowance, and mandates filing even with PAYE deductions. Failure to comply risks penalties.
A Nigerian woman shares her struggles with filing income tax returns, citing technical glitches, confusing forms, and lack of support as the March 31 deadline approaches, urging authorities to simplify the process for young professionals.
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With the March 31 deadline approaching, Nigerians face confusion over Personal Income Tax filing requirements. Learn about penalties reaching N100,000, required documents, and how to file through state portals to avoid fines and audits.
My-ACE China advocates for a one-stop-tax centre in Rivers State to eliminate fraudulent collectors and boost business investments through a harmonized system.
Thousands of Nigerian mid-sized businesses face a narrowing window to implement e-invoicing systems before the July 2026 deadline, with concerns about readiness, revenue disruption, and audit risks mounting as enforcement looms.
Thousands of mid-sized Nigerian businesses are rushing to comply with the NRS e-invoicing framework by July 2026, facing risks of revenue disruption and audits. Pillarcraft Cloud Solutions has launched UsawaConnect to aid compliance.
Tax experts in Nigeria are urging proactive compliance with the new tax reforms, warning of stricter obligations and penalties. The changes aim to enhance transparency and align with global standards.
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Kelechi Ibe, co-founder of TaxStreem, discusses Nigeria's tax reforms, barriers to compliance, and how AI-driven solutions can help SMEs access capital and grow sustainably.
Industry leaders caution that Nigeria's new tax regime could heighten operational risks and weaken productivity if businesses fail to adopt structured change management strategies.
Rivers State has introduced a bold tax reform initiative aimed at increasing compliance, adopting digital systems, and eliminating illegal tax collection to strengthen the business environment and support economic development.
The Federal Government has assured that ongoing fiscal and tax reforms will create a fairer, more inclusive system supporting economic participation, with a focus on women, youths, and informal workers.
Delta State Governor Sheriff Oborevwori endorses the new Tax Ombud Office, pledging alignment with federal tax reforms and plans to repeal the 2020 revenue law to eliminate multiple taxation and boost business ease.
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Minister Taiwo Oyedele and NTPIC Chairman Joseph Tegbe outline how landmark fiscal reforms will ease burdens on workers and SMEs while boosting economic competitiveness.
The African Development Bank has approved a $5.52 million grant to WATAF to boost tax systems in six West African nations, aiming to improve revenue collection and curb financial leakages.
Nigerian startup TaxStreem unveils a digital platform automating tax calculations and filings for businesses, addressing challenges like fragmented records and complex regulations.
The Nigerian federal government has rolled out a new 1% presumptive tax targeting the informal sector to expand the tax base and increase revenue. The simplified system aims to encourage compliance and reduce illegal levies on small traders.
Lagos State Internal Revenue Service (LIRS) mandates all residents to file annual tax returns by March 31. Special Adviser Abideen Akande explains the self-assessment system, penalties for defaulters, and the online filing process via e-tax.lirs.net.
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Learn everything about personal income tax declaration in Nigeria, including who must file, the March 31 deadline, required documents, and how the progressive tax system works for employees, freelancers, and business owners.
Taiwo Oyedele reports 12 states have enacted tax harmonisation laws, with 13 more reviewing bills to eliminate nuisance taxes and modernise Nigeria's fiscal system under President Tinubu's reforms.
Nigeria's new tax reforms clarify that Nigerians abroad are not taxed on foreign income or remittances, addressing fears of double taxation with DTAs and residency rules.
The Federal Government has announced a phased timeline for enforcing Nigeria's new tax laws, targeting full rollout by 2028, with medium-sized companies first to adopt e-invoicing in 2026.
The Presidential Fiscal Policy and Tax Reforms Committee has dismissed viral claims that the Nigeria Tax Act 2025 imposes a 25% levy on building materials, construction funds, or bank savings. The committee clarified the law's actual provisions, which inc
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Electricity Distribution Companies in Nigeria have introduced new compliance requirements for corporate customers under the Nigeria Tax Act 2025. Ikeja Electric has set a February 20 deadline for businesses to submit identification documents to avoid serv
The Tinubu administration clarifies that the Nigeria Tax Act 2025 imposes no 25% levy on construction materials, countering misinformation from former minister Rotimi Amaechi.
Osun State Governor Ademola Adeleke assures residents that ongoing tax reforms aim for fairness and revenue growth without imposing hardship, emphasizing support for SMEs and low-income earners.
Nigeria's tax reforms under President Tinubu are delivering tangible benefits to salary earners, with reduced PAYE deductions leading to higher net pay for workers across income brackets.
Major Nigerian banks including Access, Zenith, and UBA have begun deducting 10% withholding tax on savings account interest following new government directives, causing widespread anger among savers already struggling with economic pressures.
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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.
