We are pleased to note the feedback from workers who have received their salaries for January 2026 and confirmed a reduction in their PAYE tax resulting in higher take home pay under the new tax laws.
To ensure that relevant individuals charged with the responsibility to implement these changes for the benefit of employees in their organisations are well informed, the Presidential Fiscal Policy and Tax Reforms Committee is hosting a session for the key stakeholders in collaboration with the Joint Revenue Board.
๐๐๐ฑ ๐๐๐๐จ๐ซ๐ฆ ๐๐ฆ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ฌ๐ฌ๐ข๐จ๐ง ๐๐จ๐ซ ๐๐, ๐๐๐ฒ๐ซ๐จ๐ฅ๐ฅ ๐๐ง๐ ๐๐๐ฑ ๐๐๐ง๐๐ ๐๐ซ๐ฌ
You are invited to register for an engagement session with the Joint Revenue Board and the Presidential Fiscal Policy & Tax Reforms Committee.
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๐๐๐ซ๐ ๐๐ญ ๐๐ฎ๐๐ข๐๐ง๐๐:
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HR Directors, Payroll Managers, Chief Financial Officers, Tax Managers and Other Senior Executives responsible for the management of employee compensation and payroll tax compliance.
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When:ย Wednesday Jan 28, 2026
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Time:ย 3:00 PM Nigerian Time
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Topic:ย ย Personal Income Tax Compliance Under the New Tax Reform Acts
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Register in advance for this webinar:
https://t.co/ufC2WxB41s
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After registering, you will receive a confirmation email containing information about joining the webinar.
#FiscalReforms #TaxBenefits #KnowledgeIsPower
I think you need more context. Companies that are registered and earn below a certain amount (50 million annually in revenue) are not subject to taxation. Companies that earn above that amount already pay their taxes.
I completely understand your worry about this trickling down to consumers with increase in prices of services. But these businesses already know how manage this for instance if they take on loans which is tax deductible then their bottom line would not be greatly impacted.
The NASS has, shown a troubling habit of discarding benchmarks, inserting thousands of projects into the capital budget, and padding the budget with trillions.
If the FG is serious about budget integrity, then this practice must end, decisively and permanently.
Until budgets reflect what we can fund, implement, and account for, they remain rituals.
A PLACE AT THE TABLE
Sunday 8pm, DSTV 422, *Startimes 274, GOTV 23*; via live stream on YouTube, X.. https://t.co/2v7E3HYK8j only on @NewsCentralTV
To not be at the mercy of the Nigerian government, Nigerians would need to get on top of their taxes. The taxes are presumptive as well so what you declare is what they would tax. But you would also need to have clarity on what and what doesnโt count. @TrySettleTax is solving this problem.
The government doesnโt generate enough money to sustain its spending. Thatโs why we constantly have deficits, the only way they can make up for that deficit is to borrow. Now Iโm not saying that the budget would not have ridiculous expenses within it because it certainly does!! But for some of the critical things like education payments, or payment of government workers they need the money. More investment should equal better opportunity.
I agree and itโs a real dilemma. Borrowing is required for a developing nation for investment. If they donโt borrow they wonโt have enough money to run the country they wonโt be able to build infrastructure etc. The one thing that we have to look out for however is the interest rate of borrowing and more importantly the government being accountable.
Finally! The push to eliminate 'multiple taxation' and the manual 'Certificate of Acceptance' is a game changer. ๐
The future of Nigerian tax is clearly digital and harmonized. We are building the infrastructure at @TrySettleTax ensure freelancers and founders can navigate this new system without the headache.
@abdullahayofel This man explained it well. https://t.co/9jX1QD7qah is also a tool that can actually help you save more on your taxes. Especially if you run your own business.
The rules of the game changed 3 days ago. ๐ณ๐ฌ
On Jan 1, the new Tax Acts officially kicked in.
If you are scrolling past the headlines because it sounds like "government wahala," stop. ๐
You might actually be exempt now.
The new law says small businesses with turnover under N100M (previously N25M) are effectively exempt from Company Income Tax.
But the NRS won't just "give" you this exemption.
You have to file correctly to claim it.
Don't pay taxes you don't owe just because you used the old forms.
We are updating @TrySettleTax to handle the 2026 rules automatically.
To get an early access you can signup here: https://t.co/wafUOsARK6