#TaxLaw

VAT Increase on Goods and Services Are Now Taxable: What You Need To Know.

Leave a Comment / Compliance with the Law, Regulatory Compliance, Tax Compliance, TAXATION /

Is there a VAT increase on goods and services? The Nigerian tax landscape has undergone a major overhaul with the Nigeria Tax Act (NTA) 2025, which officially took effect on January 1, 2026. This Act consolidates several previous laws including the Finance Acts of 2020–2023 and introduces significant changes to what is taxable under the […]

VAT Increase on Goods and Services Are Now Taxable: What You Need To Know. Read More »

Tax Penalties in Nigeria: Mistakes Businesses Make on the New Portal-Part 2

Leave a Comment / Tax Compliance, TAXATION /

Introduction To Tax Penalties In Nigeria As of January 1, 2026, Nigeria has entered a new fiscal era with the full implementation of the Nigeria Tax Reform Acts 2025 which provide tax penalties, fines, and interest for non-compliance. These reforms represent a massive structural reset of the country’s tax system, consolidating several older laws including

Tax Penalties in Nigeria: Mistakes Businesses Make on the New Portal-Part 2 Read More »

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