new tax law

  1. Tax Reform Chief Oyedele Mandates All Individuals to File Annual Returns by March 31

    Nigeria Tax Reform Chief Oyedele Mandates All Individuals to File Annual Returns by March 31

    The Digest: Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has directed that all individual taxpayers in Nigeria must file their annual tax returns by March 31. Speaking at a webinar for finance professionals, Oyedele emphasized that compliance is a...
    • Nigeria News
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    • 2 min read
    • new tax law taiwo oyedele tax reform
    • Category: Business
  2. Tax Reforms Increase January Take-Home Pay, Says Taiwo Oyedele

    Nigeria Tax Reforms Increase January Take-Home Pay, Says Taiwo Oyedele

    The Digest: Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has announced that Nigerian workers are beginning to see higher take-home pay due to reduced Pay As You Earn (PAYE) deductions under the country's newly enacted tax laws. In a post on social media...
    • Nigeria News
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    • 1 min read
    • new tax law paye taiwo oyedele tax reform
    • Category: Business
  3. KPMG, NRS Hold Meeting After Clash Over Nigeria's New Tax Laws

    Nigeria KPMG, NRS Hold Meeting After Clash Over Nigeria's New Tax Laws

    The Digest: Executives from KPMG met with the Nigeria Revenue Service chairman, Zacch Adedeji, to clarify concerns over recently enacted tax laws. After earlier citing “errors and inconsistencies,” the firm now commended the reforms Key Points: KPMG executives met with NRS chairman Zacch...
    • Nigeria News
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    • 1 min read
    • kpmg new tax law nrs tax reforms zacch adedeji
    • Category: Business
  4. Your Guide to Nigeria's New Tax System: Rates, Exemptions & Rules

    Nigeria Your Guide to Nigeria's New Tax System: Rates, Exemptions & Rules

    The Digest: Nigeria's new tax laws that took effect on January 1, 2026, represent a major fiscal overhaul designed to simplify and broaden the revenue base, but their implementation has been clouded by significant misinformation and public panic that requires urgent clarification. Key Points...
    • Nigeria News
    • Article
    • 1 min read
    • new tax law nigeria revenue service nrs tax reform
    • Category: Business
  5. Taiwo Oyedele Details Plan to Tax Remote Workers, Diasporans, and Influencers

    Nigeria Taiwo Oyedele Details Plan to Tax Remote Workers, Diasporans, and Influencers

    The Digest: The Nigerian government is significantly expanding its tax net to include remote workers, Nigerians in the diaspora, and social media influencers, as part of its major fiscal policy and tax reforms. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax...
    • Nigeria News
    • Article
    • 1 min read
    • new tax law taiwo oyedele tax reform
    • Category: Business
  6. Check Your Tax: Tinubu Unveils New Calculator for Nigerian Taxpayers

    Nigeria Check Your Tax: Tinubu Unveils New Calculator for Nigerian Taxpayers

    The Digest: On August 21, 2025, President Bola Tinubu introduced a Personal Income Tax Calculator to help Nigerians estimate their tax liabilities under the new tax laws, which will take effect in January 2026. The initiative aims to simplify compliance, ensuring fairness and equity in the tax...
  7. FG Imposes 5% Surcharge on Locally Produced Fossil Fuels in New Tax Law

    Nigeria FG Imposes 5% Surcharge on Locally Produced Fossil Fuels in New Tax Law

    The Digest: The new Nigerian Tax Act has introduced a 5% surcharge on locally produced fossil fuel products, such as petrol, diesel, and compressed natural gas (CNG). The surcharge aims to boost government revenue while excluding clean and renewable energy products from its scope. Key...
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