Tax Law

February 06, (THEWILL) — As Nigeria moves toward full implementation of the Tax Act 2025, small business owners are beginning to realise that the reform is less about immediate taxation and more about how the economy is being reorganised....

January 19, (THEWILL) — Some traders, business owners now prefer cash payment from customers for goods and services rendered. This followed implementation of the new tax law, a News Agency of Nigeria (NAN) study reveals. Some of the traders...

January 18, (THEWILL) — The new tax law in Nigeria has brought four new tax statutes into existence. The new laws were distilled from a harmonisation of all tax laws previously in force in the country. The four statutes...

December 31, (THEWILL) — President Bola Tinubu will proceed with the implementation of a comprehensive tax overhaul from January 1,2036, reaffirming his administration’s commitment to fiscal reform despite concerns over the short-term impact on businesses and households. The overhaul...

December 30, (THEWILL) — Professional accountants have raised concerns over recent alterations to Nigeria’s tax laws, warning that inconsistencies and unclear provisions could weaken investor confidence and disrupt capital market activity. The concerns were highlighted by members of the Institute...