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.
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.
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.
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 report increased take-home pay in January 2026 as new tax reforms reduce PAYE deductions. Presidential committee confirms early benefits.
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RecommendedLagos 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.
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.
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.
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.
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.
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RecommendedA 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 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.
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.
Lagos State Internal Revenue Service warns taxpayers against artificial transactions to reduce tax liabilities under NTAA 2025, with penalties effective January 2026.
A Nigerian cybersecurity analyst shares how the 2026 tax laws increased his monthly salary by N3,500 through tax reduction, sparking mixed reactions online.
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RecommendedLagos State Government implements aggressive tax recovery strategy using 'Power of Substitution' to collect unpaid taxes from third parties including banks, employers, and tenants.
Lagos State Internal Revenue Service announces enforcement of tax recovery through third parties including banks, employers, and tenants under new tax law provisions.
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.
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.
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.
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RecommendedThe House of Representatives insists the tax reform controversy is over after releasing Certified True Copies, dismissing Minority Caucus claims of alterations in the legislation.
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.
Senator Adams Oshiomhole hails President Tinubu's new tax reforms as progressive, shifting burden from poor to rich. Policy takes effect January 2026.
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.
Lagos State Internal Revenue Service (LIRS) reminds employers to file 2025 annual tax returns by January 31, 2026, via eTax portal. Non-compliance attracts penalties under NTAA 2025.
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RecommendedNigeria enforces 7.5% VAT on digital banking service fees from Jan 19, 2026. Learn how it affects your mobile transfers and USSD transactions, and who will feel it most.
Nigeria's tax system enters a new era as FIRS becomes NRS. Discover the focus on tech, fairness, and efficiency aimed at boosting revenue and easing burdens. Read the full analysis.
Taiwo Oyedele, head of Nigeria's tax reform committee, declares readiness to sacrifice for fiscal reforms, detailing capital gains tax exemptions. Business leaders highlight persistent high costs and economic misalignment.
A new 10% withholding tax on rents over ₦2m has landed in mailboxes, causing panic. Experts warn of confusion and inflation as the Tinubu administration's tax reform rollout falters. Read more.
The Nigeria Revenue Service clarifies that VAT on banking services is not new. Implementation of new tax laws is delayed due to gazette controversy. Get the full details.
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RecommendedThe Nigeria Revenue Service clarifies VAT applies only to bank service charges, not customer transactions. Agents Association warns of financial inclusion setback. Get the full details.