Money Entering Bank Accounts is not Automatically Taxable Under Nigeria’s New Tax Law, Says Economic Analyst
Money entering a bank account is not automatically taxed under Nigeria’s new tax law, according to an economic analyst, who ...
Tag: Tax Reform
Nigeria Rebrands Tax Authority as Nigeria Revenue Service Ahead of January 2026 Reforms
Nigeria’s Federal Inland Revenue Service has been formally rebranded as the Nigeria Revenue Service as the country prepares to transition ...
Free Legal Backing for Taxpayers as Nigeria’s Tax Ombud Begins Operations January 2026
Nigeria’s taxpayers, including small business owners and entrepreneurs, will soon have access to free legal support in tax-related disputes ...
Presidency Affirms New Tax Laws Start Tomorrow Despite Opposition Concerns
The Federal Government has reaffirmed that Nigeria’s new tax laws will be implemented as scheduled, dismissing calls by the opposition ...
149 Companies to Retain Pioneer Status Tax Holidays Amid Nigeria’s Tax Regime Transition
The Federal Government has confirmed that 149 companies currently enjoying pioneer status incentives will retain their tax holidays for at ...
SMEDAN, FIRS Launch Weekly MSME Business Clinic to Support Small Enterprises
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), in collaboration with the Federal Inland Revenue Service (FIRS), has ...
Federal Government Releases Full List of Fifty Tax Exemptions, Check it Here
The Federal Government has released a full list of fifty tax exemptions and reliefs that will take effect from the ...
FIRS Announces IT System Downtime as New Tax Rules Take Effect for Small Companies
The Federal Inland Revenue Service (FIRS) has announced a temporary shutdown of its IT systems, affecting all applications and infrastructure ...
Presidential Committee Launches ₦10 Million Award to Recognise Excellence in Tax Reform Reporting
The Presidential Fiscal Policy and Tax Reforms Committee has announced the introduction of the Excellence in Tax Reform Reporting Award ...
Tax Reforms: Nigerians Abroad Not Required to File Returns Unless They Earn from Nigeria
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms has clarified how Nigeria’s new tax laws apply ...
