Value Added Tax(VAT) compliance has undergone a significant transformation under the Nigeria Tax Act 2025, which took effect on January 1, 2026. For businesses across Nigeria, understanding your VAT obligations is critical, particularly whether you qualify as a small business…
DUNS Certificate Renewal refers to the process of updating, reconfirming, and revalidating a company’s business information linked to its D-U-N-S Number within the Dun & Bradstreet (D&B) global database. While the D-U-N-S Number itself is permanent and does not expire,…
Small businesses' 2026 tax compliance has entered a new era with the implementation of the Nigeria Tax Act 2025. January 1, 2026, marks the beginning of this transformative tax regime in Nigeria. The Nigeria Tax Act 2025, along with the…
The PenCom Certificate, officially known as the Pension Clearance Certificate (PCC), is a statutory compliance document that the National Pension Commission (PenCom) issues to employers who comply with the Contributory Pension Scheme (CPS) under the Pension Reform Act (PRA) 2014.…
What Individuals and Employers Must Know Personal Income Tax Compliance in 2026 represents a critical shift in how individuals, employers, and payroll managers approach tax obligations in Nigeria. The new tax laws replace long-standing assumptions under the Personal Income Tax…
The transition where NRS replaces FIRS represents an important institutional development in Nigeria’s tax administration framework. With the establishment of the Nigeria Revenue Service (NRS) in place of the Federal Inland Revenue Service (FIRS), federal tax administration is now consolidated…
The 2025 Tax Acts have created uncertainty about year-end accounting for December year-end businesses. Which tax laws apply when you close your 2025 books? Getting this wrong exposes you to filing errors, audit complications, and avoidable tax disputes. Here's the…
Financial statement audits are central to corporate compliance, credibility, and tax accountability in Nigeria. Both local companies and multinational enterprises (MNEs) must adhere to statutory audit requirements to operate within the law. Understanding which businesses require audits, why the auditor’s…
TIN registration in Nigeria is a compulsory process for individuals and businesses that earn income or carry out financial activities. A Tax Identification Number (TIN) is issued by the Federal Inland Revenue Service (FIRS) through the Joint Tax Board (JTB)…
As the year draws to a close, Nigerian businesses and individuals face critical tax filing deadlines. Whether your company's financial year ends in December, you're preparing to file annual returns, or you need to secure your Tax Clearance Certificate for…