Overview
IntroductionThe Nigeria Tax Act 2025 (NTA) has significantly changed the legal framework governing personal income taxation. This legislative update introduces pivotal changes to tax rates, allowable deductions, remittance obligations, and the broader scope of tax administration. Why it Matters: Under the new law, personal income taxation has become a topical issue. It is one of the most visible and directly felt aspects of Nigeria’s fiscal system, impacting the livelihoods of all individuals—whether they are professionals, artisans, or entrepreneurs.
