Taxation
31 articles
VAT Fiscalisation Explained: Why Your Business Needs Automated E-Invoicing Today
It is 9:07 a.m. Your accountant messages you in a panic. Yesterday’s invoice was rejected by the tax authority. The …
Personal Income Tax vs Company Tax: Which Registration Is Better for You?
At the start, most founders just want to get paid. You register quickly, send invoices, and move on. Taxes feel …
Tax Credit for Going Digital in Nigeria: 2026 Guide
Tax credit for going digital in Nigeria is no longer just policy talk. It is becoming a real financial incentive …
Capital Gains Tax in Nigeria: Why Investors Are Recalculating Returns
Capital gains tax in Nigeria is no longer a footnote investors skim past. It is now central to how returns …
Why Manual Records Are Now a Legal Liability: The NRS Digital-First Mandate
NRS digital-first mandate is not just another policy headline. It is a quiet rule change with loud consequences for founders …
Digital Business Tax in Nigeria: Does Your Online Course Owe ₦25M+ in Taxes?
Digital business tax in Nigeria is no longer a future problem for creators. It is already reshaping how online courses, …
The ₦100M Tax Threshold: What Nigerian Founders Must Know
Hitting ₦100M in revenue sounds like a milestone. And it is. But under Nigeria’s new tax framework, it can also …
FIRS to NRS Transition: What Every Nigerian Founder Must Fix
At first glance, it feels like a simple name change. FIRS out. NRS in. But for founders, finance leads, and …
Nigeria Tax Act 2025 Is Here: 5 Things Every Lagos Founder Must Do by Monday
This Is Not One of Those “Read Later” Articles, If you run a startup, SME, or freelance business in Lagos, …
Stamp Duty on Electronic Transfers in Nigeria: What Businesses Must Know
₦50 feels insignificant. You barely notice it leaving your account during a transfer. No alert. No explanation. Just gone. But …
Payroll Tax (PAYE) for Remote Teams: Paying Staff in Different States
Remote work made hiring easier. Tax compliance did not. You hire a developer in Enugu, a marketer in Abuja, and …
Audit Defense: The 3 Financial Reports FIRS Will Ask for First
It usually starts with one email. “Please provide your financial records for review.” No accusations. No explanations. Just FIRS. At …
Withholding Tax (WHT) Simplified: How to Stop Losing 10% on Every Invoice
You send an invoice for ₦1,000,000. Your client pays ₦900,000. No warning. No apology. If this keeps happening, you are …
Personal Accounts for Business: Why Banks Are Flagging Them in 2025
Many small business owners still run their companies through personal accounts for business. In 2025, Nigerian banks are cracking down …
The “Japa” Tax Implication: Managing Taxes When Your Co-Founder Leaves Nigeria
Most founders are unsure about managing taxes when a co-founder leaves Nigeria or “japas.” Mistakes in this process can create …
FIRS & Auto-Populated Tax: How They Know Your Revenue Before You File
Most business owners believe tax filing is private, something handled only when forms are due. That assumption quietly costs millions …
Small Company Tax Exemption: Is Your Business Really Tax-Free at ₦25m or ₦50m?
Small Company Tax Exemption is something many founders assume they’ll automatically qualify for until they realize they’re paying far more …
The 2025 Finance Act: 5 Clauses That Will Change How You Do Business
The 2025 Finance Act marks one of the most comprehensive tax reforms in recent Nigerian fiscal history. Whether you’re a …
The Real Cost of Ignoring Tax Compliance in Nigeria
Tax compliance in Nigeria is more than a legal obligation; it is essential for the stability, growth, and credibility of …
PAYE Calculation in Nigeria: A Clear Guide for Employers & Employees
PAYE calculation in Nigeria determines how employees’ income tax is deducted and remitted by employers. Understanding it is crucial for …
Mastering Income Tax in Nigeria: A Simple Guide for Entrepreneurs and Employees
Imagine earning your first big contract or your first salary raise, then realizing a portion of it goes to the …
Consolidated Relief Allowance (CRA) in Nigeria: The Simple Tax Relief Everyone Should Understand
Taxes can feel confusing, right? Most people working in Nigeria have heard of the Consolidated Relief Allowance (CRA) but don’t …
How to Calculate PAYE on Salary (Simple Guide for 2025)
Learning how to calculate PAYE on salary in Nigeria is essential for every employee and business owner who wants to …
How to Set Up a Tax-Compliant Business in Nigeria (2025 Guide)
Starting a business in Nigeria is exciting and full of promise, but the tax side can feel overwhelming. You might …
8 Common Tax Deductions Nigerian SMEs Often Miss
Running an SME in Nigeria means every naira counts. The last thing you want is to overpay tax simply because …
VAT Calculator in Nigeria: Inclusive vs Exclusive Pricing for SMEs
If you run a business in Nigeria, there’s a 99% chance you’ve asked this question: “Do I add VAT before …
Navigate WHT Confidently: The Essential Nigerian Withholding Tax Calculator & Filing Guide (2025
Imagine you pay ₦1,000,000 to a vendor. Do you know how much to deduct as withholding tax (WHT)? Many startups, …
Tax Planning for December: Avoid January Panic with Smart Year-End Strategies in Nigeria
Every December, Nigerian business owners feel the same anxiety creeping in. Tax season is approaching, receipts are scattered, and accountants …
Smart Tips for Freelancer Taxes in Nigeria: The Ultimate VAT & PIT Guide
Freelancing offers flexibility and control, but it also brings the responsibility of managing your own taxes. Miss a deadline or …
Avoid Penalties: When to Remit Withholding Tax in Nigeria (2025 Deadlines)
If you run a business or work as a freelancer in Nigeria, understanding withholding tax and keeping up with the …
VAT Rate in Nigeria 2025: Full Breakdown and New Tax Rules
VAT rate remains at 7.5%, continuing from the rate introduced in 2020. However, new reforms in the 2025 Tax Act …