Tax Law

Capital Gains Tax (CGT), Nigeria tax law, Nigerian tax reform framework, PAYE tax exemption, Personal Income Tax, Tax Administration, Tax Harmonization, Tax Law, Tax Reform Laws 2025, Taxable incomes, Taxpayer Rights Protection

Explaining Personal Income Tax Deductions Under Nigeria’s Tax Act 2025

The Nigeria Tax Act 2025 (the “Act”), enacted on 26 June 2025 and scheduled to take effect on 1 January 2026, introduces comprehensive reforms to Nigeria’s fiscal framework. The Act repeals and consolidates several existing tax statutes, including the Personal Income Tax Act, into a unified legislative framework. This article examines the personal income tax regime established under the Act, with particular emphasis on taxable income, allowable deductions, exempt income and gains, applicable tax bands, and taxpayer reliefs.

O. M. Atoyebi, SAN FCIArb.(U.K)
June 2, 2026

Nigeria tax law, Personal Income Tax, Tax Law, Tax Reform Laws 2025, Taxable incomes

Exploring Opportunities in Personal Income Tax Reforms: The Role of Legal Practitioners in the FCT

This paper explores some of the key changes in the proposed tax reform bill as it relates to Personal Income Tax, its potential implications for individual taxpayers and the opportunities it presents for lawyers in Nigeria, particularly in the Federal Capital Territory.

O. M. Atoyebi, SAN FCIArb.(U.K)
May 11, 2026

Compliance Obligations, Nigerian tax reform framework, Tax dispute resolution, Tax Law, Taxable incomes

The New Tax Law in Nigeria: Key Reforms, Compliance Obligations, and Implications for Businesses and Individuals

This article examines Nigeria’s new tax law and the sweeping reforms introduced to modernise the country’s tax framework. It analyses the consolidation of existing tax statutes, reforms in tax administration, assessment and filing procedures, enforcement mechanisms, and the dispute resolution framework. Particular attention is paid to the implications of these reforms for corporate taxpayers, small and medium-sized enterprises, and individual taxpayers.

O. M. Atoyebi, SAN FCIArb.(U.K)
February 23, 2026

Tax Law

Effective Strategies for Prosecuting Tax Offences in Nigeria and Cross-Border Tax Evasions

Tax offences are serious acts of sabotage and an impediment to the ultimate growth of the Country. Hence, prosecution of tax offences should be painstakingly and swiftly done. By addressing tax offences Nigeria can enhance the integrity of its tax system and establish a fair and sustainable revenue collection process that benefits the citizens and bolsters the overall economy.

Tax Law

The Nigerian Tax Bill 2024 at a Glance: Highlights and Key Provisions

The tax regime in Nigeria is made up of a complex web of disjointed tax laws which leave much to be desired in terms of efficiency and effectiveness both in administration and in achieving the nation’s fiscal policy goals.

O. M. Atoyebi, SAN FCIArb.(U.K)
December 12, 2024

Tax Law

An Evaluation of the Taxation of Non – Resident Corporations in Nigeria

The introduction of the Finance Act 2021 as amended, has brought a significant shift in the taxation landscape for non-resident companies, primarily through the concept of Significant Economic Presence.

O. M. Atoyebi, SAN FCIArb.(U.K)
August 12, 2024

Tax Law

Taxation Realities in Nigerian Sports: Legal Considerations and Recommendations

Nigeria has continuously attained worldwide triumph in sports throughout the years, resulting in significant economic benefits from diverse sport-related endeavours. Nevertheless, it is imperative to recognize the obstacles in efficiently evaluating and collecting relevant taxes and take critical steps to correct them.

O. M. Atoyebi, SAN FCIArb.(U.K)
August 9, 2024

Oil & Gas, Tax Law, Telecommunications & Media Law

The Legal Analysis of Telecommunication Taxation in Nigeria

Understandably, in response to the significant decline in revenue from crude oil sales and the persistent increase in the country's debt burden, Nigerian economic authorities appear to believe that a reliable approach to generating funds is by raising both tax rates and expanding the scope of taxed items

O. M. Atoyebi, SAN FCIArb.(U.K)
August 9, 2024

Tax Law

Curbing Tax Evasion, Appraising the Legal Framework

Despite all these measures set in place to curb tax evasion in Nigeria, the problem remains elusive.

O. M. Atoyebi, SAN FCIArb.(U.K)
July 23, 2024

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