Many taxpayers may not realize they have only 37 days left to file their Personal Income Tax before the deadline or face penalties.

New tax laws grant exemptions to NGOs, churches, schools, and similar public institutions on income used for nonprofit purposes. However, any income earned from commercial or business activities remains taxable under Section 163.

BREAKING: El-Rufai Slams ICPC, Security Chiefs, With ₦1bn Lawsuit Over Alleged Illegal Raid Of Abuja Home.

VAT collected in a given month must be filed and paid by the 21st of the following month. Businesses are required by the NRS to declare total sales, VAT collected, and VAT paid on purchases when filing their returns.

BREAKING: Tinubu Sacks IGP, Sources Say He’s Considering an Igbo Officer as Replacement

Unpatriotic people everywhere 🤦🤦

Corruption does not begin in Abuja. When corruption is tolerated in a ₦10 transaction, it inevitably grows into ₦10 billion scandals. Corruption at the grassroots level is still corruption — no matter how small it appears.

Deadline almost here

A small business under Nigeria’s new tax laws is defined as one with an annual turnover of ₦100 million or less and total fixed assets not exceeding ₦250 million.

Angry Nigerians🤣🤣

The bill seeks to streamline taxes and eliminate multiple levies to ease the burden on taxpayers and businesses.

Drivers are fined between ₦60,000 and ₦100,000 for alleged “wrong parking,” even when they only stop briefly to drop off passengers. The drivers also accused ticketing officials of extending collection hours beyond stipulated periods.

MTN Pays ₦878.7 Billion Tax For 2025 As NCC Approves 50% Increase Cost On Data, Calls, SMS

Arewa Consultative Forum Hails NRS Chief for Revenue Breakthrough

Governor Dauda Lawal Backs ZIRS Revenue Drive at Landmark Town Hall Dialogue

Dear Taxpayers: Only 30 Days Left to File Your Personal Income Tax — Avoid Hefty Penalties!

Government assures that taxpayers’ money is being effectively utilized to deliver essential services, urging citizens to embrace voluntary tax compliance.

Myth: “Every transfer or gift will be taxed.” Fact: Only income from trade, employment, or investments is taxable.