{"id":2,"date":"2025-11-28T08:55:23","date_gmt":"2025-11-28T08:55:23","guid":{"rendered":"https:\/\/sterling.ng\/taxshop\/?page_id=2"},"modified":"2026-01-27T15:32:50","modified_gmt":"2026-01-27T15:32:50","slug":"sample-page","status":"publish","type":"page","link":"https:\/\/sterling.ng\/taxshop\/","title":{"rendered":"Home"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"2\" class=\"elementor elementor-2\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2613d9c5 target-section e-flex e-con-boxed e-con e-parent\" data-id=\"2613d9c5\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-30d43938 e-con-full e-flex e-con e-child\" data-id=\"30d43938\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-65b0a59a elementor-widget-tablet__width-initial elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"65b0a59a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Nigeria\u2019s 2026 Tax Reforms: What You Need to Know<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c89ec22 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"4c89ec22\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">An overview of recent tax changes and how they affect individuals, businesses, and corporate entities in Nigeria.<\/p>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-53949227 e-con-full e-flex e-con e-child\" data-id=\"53949227\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2d39544f elementor-align-center elementor-mobile-align-justify elementor-widget elementor-widget-button\" data-id=\"2d39544f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#Calculator\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Calculate Your 2026 Tax<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-335841f elementor-align-center elementor-mobile-align-justify elementor-widget elementor-widget-button\" data-id=\"335841f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#KeyChanges\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">View Key Changes<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-424862cb e-flex e-con-boxed e-con e-parent\" data-id=\"424862cb\" data-element_type=\"container\" data-e-type=\"container\" id=\"KeyChanges\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-7bb64b67 e-con-full e-flex e-con e-child\" data-id=\"7bb64b67\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-78ceb16a elementor-widget-tablet__width-initial elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"78ceb16a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">About the Reform<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52769e36 elementor-widget elementor-widget-spacer\" data-id=\"52769e36\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ea6fb1e elementor-widget-tablet__width-initial elementor-widget elementor-widget-heading\" data-id=\"5ea6fb1e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Why the Tax System Changed<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f7f639d elementor-widget elementor-widget-spacer\" data-id=\"2f7f639d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6fc9af24 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"6fc9af24\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The 2026 reform simplifies taxes, protects low-income earners, and modernizes how Nigerians file and report income.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4da2a314 e-con-full e-flex e-con e-child\" data-id=\"4da2a314\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3f2da08f elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-image\" data-id=\"3f2da08f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"573\" height=\"768\" src=\"https:\/\/sterling.ng\/taxshop\/wp-content\/uploads\/2025\/12\/Image_fx-7-1-1.png\" class=\"attachment-large size-large wp-image-195\" alt=\"\" srcset=\"https:\/\/sterling.ng\/taxshop\/wp-content\/uploads\/2025\/12\/Image_fx-7-1-1.png 573w, https:\/\/sterling.ng\/taxshop\/wp-content\/uploads\/2025\/12\/Image_fx-7-1-1-224x300.png 224w\" sizes=\"(max-width: 573px) 100vw, 573px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ed2b74d e-con-full e-grid e-transform e-con e-child\" data-id=\"ed2b74d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_transform_translateX_effect&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:-40,&quot;sizes&quot;:[]},&quot;_transform_translateX_effect_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;_transform_translateX_effect_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;_transform_translateY_effect&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;_transform_translateY_effect_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;_transform_translateY_effect_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-55f52961 elementor-position-inline-start elementor-view-default elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"55f52961\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-shield-alt\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M466.5 83.7l-192-80a48.15 48.15 0 0 0-36.9 0l-192 80C27.7 91.1 16 108.6 16 128c0 198.5 114.5 335.7 221.5 380.3 11.8 4.9 25.1 4.9 36.9 0C360.1 472.6 496 349.3 496 128c0-19.4-11.7-36.9-29.5-44.3zM256.1 446.3l-.1-381 175.9 73.3c-3.3 151.4-82.1 261.1-175.8 307.7z\"><\/path><\/svg>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\tProtect low-income earners\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tEnsures people earning below the threshold keep more of their income.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3be7cf1b elementor-position-inline-start elementor-view-default elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"3be7cf1b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-laptop\" viewBox=\"0 0 640 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M624 416H381.54c-.74 19.81-14.71 32-32.74 32H288c-18.69 0-33.02-17.47-32.77-32H16c-8.8 0-16 7.2-16 16v16c0 35.2 28.8 64 64 64h512c35.2 0 64-28.8 64-64v-16c0-8.8-7.2-16-16-16zM576 48c0-26.4-21.6-48-48-48H112C85.6 0 64 21.6 64 48v336h512V48zm-64 272H128V64h384v256z\"><\/path><\/svg>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\tBring digital earnings into the system\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tIncludes freelancing, content creation, crypto, and side gigs in taxable income.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5378b355 elementor-position-inline-start elementor-view-default elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"5378b355\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-far-calendar-check\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M400 64h-48V12c0-6.627-5.373-12-12-12h-40c-6.627 0-12 5.373-12 12v52H160V12c0-6.627-5.373-12-12-12h-40c-6.627 0-12 5.373-12 12v52H48C21.49 64 0 85.49 0 112v352c0 26.51 21.49 48 48 48h352c26.51 0 48-21.49 48-48V112c0-26.51-21.49-48-48-48zm-6 400H54a6 6 0 0 1-6-6V160h352v298a6 6 0 0 1-6 6zm-52.849-200.65L198.842 404.519c-4.705 4.667-12.303 4.637-16.971-.068l-75.091-75.699c-4.667-4.705-4.637-12.303.068-16.971l22.719-22.536c4.705-4.667 12.303-4.637 16.97.069l44.104 44.461 111.072-110.181c4.705-4.667 12.303-4.637 16.971.068l22.536 22.718c4.667 4.705 4.636 12.303-.069 16.97z\"><\/path><\/svg>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\tMandatory annual filing\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tEvery taxpayer must submit a return, regardless of income type.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-130aa642 elementor-position-inline-start elementor-view-default elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"130aa642\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-lock\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M400 224h-24v-72C376 68.2 307.8 0 224 0S72 68.2 72 152v72H48c-26.5 0-48 21.5-48 48v192c0 26.5 21.5 48 48 48h352c26.5 0 48-21.5 48-48V272c0-26.5-21.5-48-48-48zm-104 0H152v-72c0-39.7 32.3-72 72-72s72 32.3 72 72v72z\"><\/path><\/svg>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\tClose loopholes\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tRemoves grey areas to reduce tax leakage and improve fairness.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c603fc2 elementor-position-inline-start otx_last elementor-view-default elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"4c603fc2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-coins\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 405.3V448c0 35.3 86 64 192 64s192-28.7 192-64v-42.7C342.7 434.4 267.2 448 192 448S41.3 434.4 0 405.3zM320 128c106 0 192-28.7 192-64S426 0 320 0 128 28.7 128 64s86 64 192 64zM0 300.4V352c0 35.3 86 64 192 64s192-28.7 192-64v-51.6c-41.3 34-116.9 51.6-192 51.6S41.3 334.4 0 300.4zm416 11c57.3-11.1 96-31.7 96-55.4v-42.7c-23.2 16.4-57.3 27.6-96 34.5v63.6zM192 160C86 160 0 195.8 0 240s86 80 192 80 192-35.8 192-80-86-80-192-80zm219.3 56.3c60-10.8 100.7-32 100.7-56.3v-42.7c-35.5 25.1-96.5 38.6-160.7 41.8 29.5 14.3 51.2 33.5 60 57.2z\"><\/path><\/svg>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\tReward long-term investing\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tFavors investments held over time with clearer, lower tax implications.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-410f885e e-flex e-con-boxed e-con e-parent\" data-id=\"410f885e\" data-element_type=\"container\" data-e-type=\"container\" id=\"Overview\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-378ca955 e-con-full e-flex e-con e-child\" data-id=\"378ca955\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;],&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_offset&quot;:70,&quot;sticky_effects_offset&quot;:0,&quot;sticky_anchor_link_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-39452ab8 elementor-widget elementor-widget-heading\" data-id=\"39452ab8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Quick overview<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-262e5d elementor-widget elementor-widget-heading\" data-id=\"262e5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What\u2019s Changing...<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5fb93091 e-con-full e-flex e-con e-child\" data-id=\"5fb93091\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-371645b9 e-grid e-con-full e-con e-child\" data-id=\"371645b9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-e0fc6e4 e-con-full e-transform e-flex e-con e-child\" data-id=\"e0fc6e4\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_transform_scale_effect_hover&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1.0300000000000000266453525910037569701671600341796875,&quot;sizes&quot;:[]},&quot;background_background&quot;:&quot;classic&quot;,&quot;_transform_scale_effect_hover_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;_transform_scale_effect_hover_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-24ddbdc4 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"24ddbdc4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a667118 elementor-widget elementor-widget-heading\" data-id=\"6a667118\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Low-income earners get relief\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d1acbe5 elementor-widget elementor-widget-text-editor\" data-id=\"5d1acbe5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Income below \u20a6800,000 per year is completely tax-free.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-399e7ade e-con-full e-transform e-flex e-con e-child\" data-id=\"399e7ade\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_transform_scale_effect_hover&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1.0300000000000000266453525910037569701671600341796875,&quot;sizes&quot;:[]},&quot;background_background&quot;:&quot;classic&quot;,&quot;_transform_scale_effect_hover_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;_transform_scale_effect_hover_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-37b16326 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"37b16326\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d6ea09c elementor-widget elementor-widget-heading\" data-id=\"7d6ea09c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Digital income is taxable<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3cd13da elementor-widget elementor-widget-text-editor\" data-id=\"3cd13da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Side gigs, freelance work, influencers, and crypto now fall under taxable income.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-112d152 e-con-full e-transform e-flex e-con e-child\" data-id=\"112d152\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_transform_scale_effect_hover&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1.0300000000000000266453525910037569701671600341796875,&quot;sizes&quot;:[]},&quot;background_background&quot;:&quot;classic&quot;,&quot;_transform_scale_effect_hover_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;_transform_scale_effect_hover_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-76627465 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"76627465\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3179ccb elementor-widget elementor-widget-heading\" data-id=\"3179ccb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Property rules simplified<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-852bf6d elementor-widget elementor-widget-text-editor\" data-id=\"852bf6d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Your primary home is tax-free; rentals and investment property gains are taxed.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7bde0dcd e-con-full e-transform e-flex e-con e-child\" data-id=\"7bde0dcd\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_transform_scale_effect_hover&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1.0300000000000000266453525910037569701671600341796875,&quot;sizes&quot;:[]},&quot;background_background&quot;:&quot;classic&quot;,&quot;_transform_scale_effect_hover_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;_transform_scale_effect_hover_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-71e38a0d elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"71e38a0d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3982cac2 elementor-widget elementor-widget-heading\" data-id=\"3982cac2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Investors rewarded<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-452cf9fd elementor-widget elementor-widget-text-editor\" data-id=\"452cf9fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Long-term government bonds remain tax-free, while short-term securities attract lower, clearer rates.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5b5e6b95 e-con-full e-transform e-flex e-con e-child\" data-id=\"5b5e6b95\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;_transform_scale_effect_hover&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1.0300000000000000266453525910037569701671600341796875,&quot;sizes&quot;:[]},&quot;background_background&quot;:&quot;classic&quot;,&quot;_transform_scale_effect_hover_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;_transform_scale_effect_hover_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-71d22487 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"71d22487\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1b4543b6 elementor-widget elementor-widget-heading\" data-id=\"1b4543b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Annual filing for everyone<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-54f8c330 elementor-widget elementor-widget-text-editor\" data-id=\"54f8c330\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>All Nigerians must file a tax return, even if income is mixed or informal.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-402f2ad9 e-grid e-con-boxed e-con e-parent\" data-id=\"402f2ad9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-72a0ac4d e-con-full e-flex e-con e-child\" data-id=\"72a0ac4d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4863f954 elementor-widget elementor-widget-heading\" data-id=\"4863f954\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Quick overview<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bd5a1f3 elementor-widget elementor-widget-spacer\" data-id=\"5bd5a1f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f9b60 elementor-widget elementor-widget-heading\" data-id=\"5f9b60\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Here\u2019s What To Expect<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7516d2fd elementor-widget elementor-widget-spacer\" data-id=\"7516d2fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81c9d93 elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"81c9d93\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Now let\u2019s break it down by who you are, employee, freelancer, landlord, investor, or business owner.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1318923e elementor-widget elementor-widget-spacer\" data-id=\"1318923e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b70b33b elementor-widget elementor-widget-n-accordion\" data-id=\"2b70b33b\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;expanded&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-7280\" class=\"e-n-accordion-item\" open>\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"e-n-accordion-item-7280\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Salary Earners <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-up\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-7280\" class=\"elementor-element elementor-element-50f4d3 e-con-full e-flex e-con e-child\" data-id=\"50f4d3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-7280\" class=\"elementor-element elementor-element-979ca30 e-flex e-con-boxed e-con e-child\" data-id=\"979ca30\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5d390d58 elementor-widget elementor-widget-text-editor\" data-id=\"5d390d58\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The tax system now gives low-income earners room to breathe so, if you earn less than <span style=\"color: #d92028;\">800,000 <\/span>a year, you pay zero tax.<\/p><p>For example, a worker earning <span style=\"color: #d92028;\">100,000<\/span> a month<br \/>Annual income: <span style=\"color: #d92028;\">1,200,000<\/span><br \/>First <span style=\"color: #d92028;\">800,000 = 0 tax<\/span><br \/>Remaining 400,000 \u00d7 15% = 60,000 yearly tax<br \/>Monthly tax: <span style=\"color: #d92028;\">60,000 \u00f7 12 = 5,000<\/span><br \/>Monthly take-home: <span style=\"color: #d92028;\">100,000 \u2212 5,000 = 95,000<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-7281\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-7281\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Freelancers, Creators &amp; Businesses <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-up\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-7281\" class=\"elementor-element elementor-element-27eb6ad e-con-full e-flex e-con e-child\" data-id=\"27eb6ad\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-7281\" class=\"elementor-element elementor-element-4b7f6adf e-flex e-con-boxed e-con e-child\" data-id=\"4b7f6adf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c422f6c elementor-widget elementor-widget-text-editor\" data-id=\"c422f6c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The reform finally recognizes that not everyone earns from a 9\u20135 so, whether you work 9\u20135, freelance, run a business, earn from rent, or trade in crypto you must file your tax return yearly. This means that digital assets like crypto, side gigs, influencer income, digital assets etc. are now taxable.<\/p><p>For example, if you have <span style=\"color: #d92028;\">1,000,000<\/span> sitting in your current account.<br \/>No tax. It\u2019s just sitting there.<\/p><p>But if you move that <span style=\"color: #d92028;\">1,000,000<\/span> into a savings account and it earns <span style=\"color: #d92028;\">10% interest (100,000)<\/span><\/p><p>The <span style=\"color: #d92028;\">100,000<\/span> interest is taxable income. The original money is not.<\/p><p>It\u2019s not about what you own.<br \/>It\u2019s about what you earn.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-7282\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-7282\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Property Owners <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-up\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-7282\" class=\"elementor-element elementor-element-2ee4e726 e-con-full e-flex e-con e-child\" data-id=\"2ee4e726\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-7282\" class=\"elementor-element elementor-element-20660d29 e-flex e-con-boxed e-con e-child\" data-id=\"20660d29\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-67f33030 elementor-widget elementor-widget-text-editor\" data-id=\"67f33030\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Your main home is protected.<\/p><p>Selling your primary residence = No tax.<\/p><p>But rental income must be declared and gains from selling investment properties (second homes, land, rentals) are taxed at 30%.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-7283\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-7283\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Investors <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-up\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-7283\" class=\"elementor-element elementor-element-48365b88 e-flex e-con-boxed e-con e-child\" data-id=\"48365b88\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-7283\" class=\"elementor-element elementor-element-139360b9 e-con-full e-flex e-con e-child\" data-id=\"139360b9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-286c371d elementor-widget elementor-widget-text-editor\" data-id=\"286c371d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The government wants to encourage long-term investing, so State and FGN bonds are tax-free. Short-term bonds and corporate securities have a 10% tax. Large gains from selling shares may be taxed. Income from investments abroad, like dividends or interest, is still exempted.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-7284\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"5\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-7284\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Trusts, Wills &amp; Estates <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-up\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-7284\" class=\"elementor-element elementor-element-54912ffb e-flex e-con-boxed e-con e-child\" data-id=\"54912ffb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-7284\" class=\"elementor-element elementor-element-5d3f39a9 e-con-full e-flex e-con e-child\" data-id=\"5d3f39a9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5f5e8c86 elementor-widget elementor-widget-text-editor\" data-id=\"5f5e8c86\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The law now follows who actually benefits, not just who is listed on paper. So, if you control or benefit from a trust, the income is treated as yours. This includes offshore trusts, family trusts, trusts for minors. So, if the money benefits you in Nigeria, the income is taxable regardless of where the structure sits.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-7285\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"6\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-7285\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Digital Assets &amp; Crypto <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-up\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-7285\" class=\"elementor-element elementor-element-3cc7fad1 e-flex e-con-boxed e-con e-child\" data-id=\"3cc7fad1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-7285\" class=\"elementor-element elementor-element-5fa02eb6 e-con-full e-flex e-con e-child\" data-id=\"5fa02eb6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6d428be3 elementor-widget elementor-widget-text-editor\" data-id=\"6d428be3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>This is one of the biggest updates. Digital assets like cryptocurrencies, NFT gains, digital royalties etc. are now taxable. Some investments in export-focused businesses or startups are tax-free if held for at least two years.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4267b1e4 e-con-full e-flex e-con e-child\" data-id=\"4267b1e4\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_offset&quot;:80,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_effects_offset&quot;:0,&quot;sticky_anchor_link_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3694b04d elementor-absolute elementor-widget elementor-widget-image\" data-id=\"3694b04d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"497\" height=\"768\" src=\"https:\/\/sterling.ng\/taxshop\/wp-content\/uploads\/2025\/12\/Image_fx-8-1-1.png\" class=\"attachment-large size-large wp-image-196\" alt=\"\" srcset=\"https:\/\/sterling.ng\/taxshop\/wp-content\/uploads\/2025\/12\/Image_fx-8-1-1.png 497w, https:\/\/sterling.ng\/taxshop\/wp-content\/uploads\/2025\/12\/Image_fx-8-1-1-194x300.png 194w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ea185ca elementor-widget elementor-widget-spacer\" data-id=\"1ea185ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-76d8217 e-flex e-con-boxed e-con e-parent\" data-id=\"76d8217\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7744075 elementor-widget elementor-widget-heading\" data-id=\"7744075\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Action Plan for Corporate Entities. <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e184aef elementor-widget elementor-widget-n-accordion\" data-id=\"e184aef\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;expanded&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2360\" class=\"e-n-accordion-item\" open>\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"e-n-accordion-item-2360\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> 1. Corporate Income Tax (CIT) &amp; Company Classification <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-up\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2360\" class=\"elementor-element elementor-element-34ebc87 e-con-full e-flex e-con e-child\" data-id=\"34ebc87\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2360\" class=\"elementor-element elementor-element-d71cbe0 e-flex e-con-boxed e-con e-child\" data-id=\"d71cbe0\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c6b8164 elementor-widget elementor-widget-text-editor\" data-id=\"c6b8164\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The three-tier system (Small, Medium, Large) has been simplified into two categories.<\/p><p><style>\n  .tax-table-wrap{<br \/>\n    width:100%;<br \/>\n    overflow-x:auto; \/* desktop safety *\/<br \/>\n    -webkit-overflow-scrolling: touch;<br \/>\n  }<\/p>\n<p>  table.tax-table{<br \/>\n    width:100%;<br \/>\n    border-collapse:collapse;<br \/>\n    min-width:720px; \/* keeps desktop layout readable *\/<br \/>\n    background:#fff;<br \/>\n    border:2px solid #111;<br \/>\n    font-family: system-ui, -apple-system, Segoe UI, Roboto, Arial, sans-serif;<br \/>\n  }<\/p>\n<p>  .tax-table th,<br \/>\n  .tax-table td{<br \/>\n    border:2px solid #111;<br \/>\n    padding:14px 12px;<br \/>\n    vertical-align:top;<br \/>\n    text-align:left;<br \/>\n  }<\/p>\n<p>  .tax-table thead th{<br \/>\n    font-weight:800;<br \/>\n    font-size:18px;<br \/>\n  }<\/p>\n<p>  .tax-table tbody td{<br \/>\n    font-size:16px;<br \/>\n    line-height:1.35;<br \/>\n  }<\/p>\n<p>  .tax-table .item{<br \/>\n    font-weight:800;<br \/>\n    width:22%;<br \/>\n  }<\/p>\n<p>  .tax-table strong{<br \/>\n    font-weight:800;<br \/>\n  }<\/p>\n<p>  \/* Mobile: turn rows into stacked cards *\/<br \/>\n  @media (max-width: 760px){<br \/>\n    .tax-table-wrap{<br \/>\n      overflow: visible;<br \/>\n    }<\/p>\n<p>    table.tax-table{<br \/>\n      min-width:0;<br \/>\n      border:0;<br \/>\n    }<\/p>\n<p>    .tax-table thead{<br \/>\n      display:none;<br \/>\n    }<\/p>\n<p>    .tax-table,<br \/>\n    .tax-table tbody,<br \/>\n    .tax-table tr,<br \/>\n    .tax-table td{<br \/>\n      display:block;<br \/>\n      width:100%;<br \/>\n    }<\/p>\n<p>    .tax-table tr{<br \/>\n      border:2px solid #111;<br \/>\n      border-radius:12px;<br \/>\n      margin-bottom:14px;<br \/>\n      background:#fff;<br \/>\n      overflow:hidden;<br \/>\n    }<\/p>\n<p>    .tax-table td{<br \/>\n      border:0;<br \/>\n      border-bottom:1px solid #ddd;<br \/>\n      padding:12px;<br \/>\n    }<\/p>\n<p>    .tax-table td:last-child{<br \/>\n      border-bottom:0;<br \/>\n    }<\/p>\n<p>    .tax-table td::before{<br \/>\n      content: attr(data-label);<br \/>\n      display:block;<br \/>\n      font-weight:800;<br \/>\n      margin-bottom:6px;<br \/>\n    }<\/p>\n<p>    .tax-table .item{<br \/>\n      width:auto;<br \/>\n    }<br \/>\n  }<br \/>\n<\/style><\/p><div class=\"tax-table-wrap\"><table class=\"tax-table\" role=\"table\" aria-label=\"Corporate Income Tax and Company Classification\"><thead><tr><th scope=\"col\">Item<\/th><th scope=\"col\">New Provision<\/th><th scope=\"col\">Impact on Business<\/th><\/tr><\/thead><tbody><tr><td class=\"item\" data-label=\"Item\">Small Companies<\/td><td data-label=\"New Provision\">Turnover \u2264 \u20a6100M and fixed assets &lt; \u20a6250M.<\/td><td data-label=\"Impact on Business\"><strong>0% CIT Rate.<\/strong> Most SMEs are now completely exempt from corporate tax.<\/td><\/tr><tr><td class=\"item\" data-label=\"Item\">Large Companies<\/td><td data-label=\"New Provision\">Turnover &gt; \u20a6100M.<\/td><td data-label=\"Impact on Business\"><strong>30% CIT Rate.<\/strong> Note: The President can reduce this to <strong>25%<\/strong> by 2026 on NEC advice.<\/td><\/tr><tr><td class=\"item\" data-label=\"Item\">Minimum Tax<\/td><td data-label=\"New Provision\">The old \u201cMinimum Tax\u201d (paying tax even when in loss) is <strong>REPEALED<\/strong>.<\/td><td data-label=\"Impact on Business\">Businesses that make a loss will no longer be forced to pay tax from their capital.<\/td><\/tr><\/tbody><\/table><\/div><p><br \/><strong>How to Prepare &amp; Take Advantage:<\/strong><\/p><ul><li><strong>Small Businesses:<\/strong> Ensure proper registration and filing of &#8220;Nil&#8221; returns. Even at 0%, filing is mandatory to maintain compliance and access government contracts.<\/li><li><strong>Large Businesses:<\/strong> Budget for the 30% rate but keep an eye on executive orders that may trigger the 25% reduction.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2361\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2361\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> 2. The New 4% Consolidated Development Levy <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-up\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2361\" class=\"elementor-element elementor-element-8c52e2e e-con-full e-flex e-con e-child\" data-id=\"8c52e2e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2361\" class=\"elementor-element elementor-element-2e4f031 e-flex e-con-boxed e-con e-child\" data-id=\"2e4f031\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6b50ad9 elementor-widget elementor-widget-text-editor\" data-id=\"6b50ad9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>This is perhaps the biggest administrative relief for large corporations.<\/p><ul><li><strong>The Law:<\/strong> A single 4% Development Levy on assessable profits replaces four separate taxes: Tertiary Education Tax (3%), NITDA Levy (1%), NASENI Levy (0.25%), and the Police Trust Fund (0.005%).<\/li><li><strong>Small Company Exemption:<\/strong> Small companies (Turnover &lt; \u20a6100M) are exempt from this levy.<\/li><\/ul><p><strong>How to Prepare &amp; Take Advantage:<\/strong><\/p><ul><li><strong>Operational Efficiency:<\/strong> Consolidate your tax computation. Instead of tracking four different agency deadlines, you now make one payment alongside your CIT. This reduces the risk of &#8220;accidental&#8221; non-compliance with smaller agencies like NITDA or NASENI.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2362\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2362\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> 3. Value Added Tax (VAT) Reforms <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-up\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2362\" class=\"elementor-element elementor-element-e732db8 e-con-full e-flex e-con e-child\" data-id=\"e732db8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2362\" class=\"elementor-element elementor-element-b8230b9 e-flex e-con-boxed e-con e-child\" data-id=\"b8230b9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-13eb489 elementor-widget elementor-widget-text-editor\" data-id=\"13eb489\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The rate remains at 7.5%, but the &#8220;scope&#8221; and &#8220;recovery&#8221; rules have changed drastically.<\/p><ul><li><strong>Expanded Input VAT Recovery:<\/strong> For the first time, businesses can reclaim VAT paid on <strong>services and capital expenditure<\/strong> (machinery, office equipment). Previously, you could only reclaim VAT on &#8220;raw materials.&#8221;<br \/><strong>Zero-Rating:<\/strong> Essential items (basic food, education, medical services, and renewable energy equipment) are now 0% VAT.<br \/><strong>SME Exemption:<\/strong> Small businesses (Turnover &lt; \u20a6100M) are exempt from charging and remitting VAT.<\/li><\/ul><p>\u00a0<\/p><p><strong>How to Prepare &amp; Take Advantage:<\/strong><\/p><ul><li><strong>Cash Flow Strategy:<\/strong> Service-oriented businesses (like Law firms, Tech hubs, or Banks) should immediately update their accounting software. You can now offset the VAT you pay on your office rent and software subscriptions against the VAT you collect from clients, significantly boosting monthly cash flow.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2363\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2363\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> 4. Withholding Tax (WHT) Simplification <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-up\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2363\" class=\"elementor-element elementor-element-950db8a e-con-full e-flex e-con e-child\" data-id=\"950db8a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2363\" class=\"elementor-element elementor-element-3b07812 e-flex e-con-boxed e-con e-child\" data-id=\"3b07812\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-21ab4d3 elementor-widget elementor-widget-text-editor\" data-id=\"21ab4d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The new 2024\/2025 regulations aim to stop WHT from being a &#8220;cost&#8221; and return it to being a &#8220;prepayment.&#8221;<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Reduced Rates:<\/b><span style=\"font-weight: 400;\"> Professional fees dropped from 10% to <\/span><b>5%<\/b><span style=\"font-weight: 400;\">.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Manufacturing Exemption:<\/b><span style=\"font-weight: 400;\"> Sale of locally manufactured goods is now <\/span><b>exempt (0%)<\/b><span style=\"font-weight: 400;\"> from WHT.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>No-TIN Penalty:<\/b><span style=\"font-weight: 400;\"> If a vendor doesn&#8217;t have a valid Tax ID (TIN), you must deduct <\/span><b>double<\/b><span style=\"font-weight: 400;\"> the rate.<\/span><\/li><\/ul><p><b>How to Prepare &amp; Take Advantage:<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Vendor Audit:<\/b><span style=\"font-weight: 400;\"> Inform your procurement team to demand TINs from every vendor. This avoids the &#8220;double tax&#8221; penalty and ensures your business isn&#8217;t penalized for a vendor&#8217;s lack of documentation.<\/span><\/li><\/ul><p><b>Local Sourcing:<\/b><span style=\"font-weight: 400;\"> If you source from local manufacturers, you no longer need to deduct WHT. This simplifies your accounts payable process.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2364\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"5\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2364\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> 5. Minimum Effective Tax Rate (ETR) <\/h3><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-up\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-angle-down\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M143 352.3L7 216.3c-9.4-9.4-9.4-24.6 0-33.9l22.6-22.6c9.4-9.4 24.6-9.4 33.9 0l96.4 96.4 96.4-96.4c9.4-9.4 24.6-9.4 33.9 0l22.6 22.6c9.4 9.4 9.4 24.6 0 33.9l-136 136c-9.2 9.4-24.4 9.4-33.8 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2364\" class=\"elementor-element elementor-element-68806ca e-con-full e-flex e-con e-child\" data-id=\"68806ca\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2364\" class=\"elementor-element elementor-element-64f64bc e-flex e-con-boxed e-con e-child\" data-id=\"64f64bc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0fed24d elementor-widget elementor-widget-text-editor\" data-id=\"0fed24d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">A new &#8220;Global Standard&#8221; provision for the biggest players.<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>The Law:<\/b><span style=\"font-weight: 400;\"> Large companies (Turnover &gt; \u20a620B) or Multinational Enterprises (MNEs) must maintain a <\/span><b>15% Minimum Effective Tax Rate<\/b><span style=\"font-weight: 400;\">.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Top-up Tax:<\/b><span style=\"font-weight: 400;\"> If your incentives\/credits bring your actual tax paid below 15%, you must pay a &#8220;top-up tax&#8221; to reach that floor.<\/span><\/li><\/ul><p><b>How to Prepare &amp; Take Advantage:<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Strategic Tax Planning:<\/b><span style=\"font-weight: 400;\"> Large corporations can no longer &#8220;incentive-shop&#8221; their way to 0% tax. CFOs should focus on <\/span><b>Economic Development Tax Credits (EDTI)<\/b><span style=\"font-weight: 400;\"> which offer 5% annual credits on capital investments but are designed to work within the 15% ETR framework.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ab05d89 e-flex e-con-boxed e-con e-parent\" data-id=\"ab05d89\" data-element_type=\"container\" data-e-type=\"container\" id=\"Payments\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-69e8c685 elementor-widget elementor-widget-heading\" data-id=\"69e8c685\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Payment Channels<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ccf21bc elementor-widget elementor-widget-spacer\" data-id=\"1ccf21bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-247b884a elementor-widget-tablet__width-inherit elementor-widget-mobile__width-inherit elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"247b884a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>You can settle Federal, State, and IGR payments at any of our branches through the following platforms:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-346b1503 elementor-widget elementor-widget-spacer\" data-id=\"346b1503\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c76bcfe e-grid e-con-full e-con e-child\" data-id=\"3c76bcfe\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-49572901 elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"49572901\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" width=\"246\" height=\"100\" src=\"https:\/\/sterling.ng\/taxshop\/wp-content\/uploads\/2025\/12\/paydirect-logo-onetaxshop.jpg\" class=\"attachment-full size-full wp-image-241\" alt=\"\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">PayDirect<\/h3><p class=\"elementor-image-box-description\">Federal, State, and IGR payments.<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41db79f9 elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"41db79f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img loading=\"lazy\" decoding=\"async\" width=\"225\" height=\"100\" src=\"https:\/\/sterling.ng\/taxshop\/wp-content\/uploads\/2025\/12\/remita-logo-onetaxshop.jpg\" class=\"attachment-full size-full wp-image-242\" alt=\"\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Remita<\/h3><p class=\"elementor-image-box-description\">Flexible nationwide payment option.<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d50b69a elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"5d50b69a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img loading=\"lazy\" decoding=\"async\" width=\"240\" height=\"100\" src=\"https:\/\/sterling.ng\/taxshop\/wp-content\/uploads\/2025\/12\/payoutlet-logo-onetaxshop.jpg\" class=\"attachment-full size-full wp-image-243\" alt=\"\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Remita<\/h3><p class=\"elementor-image-box-description\">Flexible nationwide payment option.<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66556a7 elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"66556a7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img loading=\"lazy\" decoding=\"async\" width=\"240\" height=\"100\" src=\"https:\/\/sterling.ng\/taxshop\/wp-content\/uploads\/2025\/12\/ecashier-logo-onetaxshop.jpg\" class=\"attachment-full size-full wp-image-244\" alt=\"\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">E-Cashier<\/h3><p class=\"elementor-image-box-description\">Flexible nationwide payment option.<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5368943 e-flex e-con-boxed e-con e-parent\" data-id=\"5368943\" data-element_type=\"container\" data-e-type=\"container\" id=\"Calculator\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4e124f31 elementor-widget elementor-widget-heading\" data-id=\"4e124f31\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">2026 Tax Calculator\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2dca6ddc elementor-widget-tablet__width-inherit elementor-widget-mobile__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"2dca6ddc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Estimate your tax under the new rules using your monthly figures.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-42b88ef6 elementor-widget elementor-widget-html\" data-id=\"42b88ef6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<div class=\"tax-calculator\">\n  <h3>2026 Tax Calculator<\/h3>\n  <p>Estimate your tax under the new rules using your monthly figures.<\/p>\n\n  <div class=\"tc-row\">\n    <label for=\"tcMonthlySalary\">Monthly Salary (\u20a6)<\/label>\n    <input type=\"text\" id=\"tcMonthlySalary\" placeholder=\"e.g. 150,000\">\n  <\/div>\n\n  <div class=\"tc-row\">\n    <label for=\"tcSideIncome\">Monthly Side Income \/ Freelance (\u20a6)<\/label>\n    <input type=\"text\" id=\"tcSideIncome\" placeholder=\"e.g. 50,000\">\n  <\/div>\n\n  <div class=\"tc-row\">\n    <label for=\"tcRentIncome\">Monthly Rental Income (\u20a6)<\/label>\n    <input type=\"text\" id=\"tcRentIncome\" placeholder=\"e.g. 80,000\">\n  <\/div>\n\n  <div class=\"tc-row\">\n    <label for=\"tcPension\">Monthly Pension Contribution (\u20a6)<\/label>\n    <input type=\"text\" id=\"tcPension\" placeholder=\"e.g. 20,000\">\n    <small>This amount will be treated as a deduction from your taxable income.<\/small>\n  <\/div>\n\n  <button id=\"tcCalculateBtn\">Calculate<\/button>\n\n  <div id=\"tcResult\" style=\"margin-top: 1.5rem; display: none;\">\n    <h4>Result (Estimate)<\/h4>\n    <p><strong>Total Monthly Gross Income:<\/strong> \u20a6<span id=\"tcMonthlyGross\"><\/span><\/p>\n    <p><strong>Annual Gross Income:<\/strong> \u20a6<span id=\"tcAnnualGross\"><\/span><\/p>\n    <p><strong>Annual Pension Contributions:<\/strong> \u20a6<span id=\"tcAnnualPension\"><\/span><\/p>\n    <p><strong>Taxable Income After Pension:<\/strong> \u20a6<span id=\"tcTaxBase\"><\/span><\/p>\n    <p><strong>Annual Tax:<\/strong> \u20a6<span id=\"tcAnnualTax\"><\/span><\/p>\n    <p><strong>Monthly Tax:<\/strong> \u20a6<span id=\"tcMonthlyTax\"><\/span><\/p>\n    <p><strong>Estimated Monthly Take-Home (after tax & pension):<\/strong> \u20a6<span id=\"tcTakeHome\"><\/span><\/p>\n\n    <p class=\"tc-note\">\n      <small>\n        This is a simplified calculator based on a \u20a6800,000 tax-free band and a flat 15% rate above that.\n        Actual tax may differ based on detailed regulations and personal circumstances.\n      <\/small>\n    <\/p>\n  <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27e79fcc elementor-widget elementor-widget-html\" data-id=\"27e79fcc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<script>\n  (function() {\n    const salaryInput  = document.getElementById('tcMonthlySalary');\n    const sideInput    = document.getElementById('tcSideIncome');\n    const rentInput    = document.getElementById('tcRentIncome');\n    const pensionInput = document.getElementById('tcPension');\n    const btn          = document.getElementById('tcCalculateBtn');\n    const resultBox    = document.getElementById('tcResult');\n\n    const monthlyGrossSpan  = document.getElementById('tcMonthlyGross');\n    const annualGrossSpan   = document.getElementById('tcAnnualGross');\n    const annualPensionSpan = document.getElementById('tcAnnualPension');\n    const taxBaseSpan       = document.getElementById('tcTaxBase');\n    const annualTaxSpan     = document.getElementById('tcAnnualTax');\n    const monthlyTaxSpan    = document.getElementById('tcMonthlyTax');\n    const takeHomeSpan      = document.getElementById('tcTakeHome');\n\n    \/\/ FORMATTER FOR DISPLAY VALUES\n    function formatNaira(value) {\n      return Number(value).toLocaleString('en-NG', {\n        maximumFractionDigits: 0\n      });\n    }\n\n    \/\/ LIVE COMMA FORMATTING FOR INPUTS\n    function formatInputWithCommas(input) {\n      input.addEventListener('input', function() {\n        \/\/ Strip existing commas\n        let value = input.value.replace(\/,\/g, '');\n\n        if (value === '') {\n          input.value = '';\n          return;\n        }\n\n        \/\/ Keep only digits\n        value = value.replace(\/\\D\/g, '');\n        if (value === '') {\n          input.value = '';\n          return;\n        }\n\n        \/\/ Re-apply with locale formatting\n        input.value = Number(value).toLocaleString('en-NG');\n      });\n    }\n\n    \/\/ Attach live formatting to all numeric fields\n    formatInputWithCommas(salaryInput);\n    formatInputWithCommas(sideInput);\n    formatInputWithCommas(rentInput);\n    formatInputWithCommas(pensionInput);\n\n    \/\/ SIMPLE BRACKET SYSTEM\n    const ZERO_BAND = 800000; \/\/ first \u20a6800k is tax-free\n\n    const taxBrackets = [\n      { upTo: ZERO_BAND,  rate: 0 },     \/\/ 0% up to \u20a6800k\n      { upTo: Infinity,   rate: 0.15 }   \/\/ 15% above \u20a6800k\n      \/\/ Extend here later if needed\n    ];\n\n    function calculateTax(annualTaxBase) {\n      let remaining  = annualTaxBase;\n      let tax        = 0;\n      let lowerLimit = 0;\n\n      for (let i = 0; i < taxBrackets.length && remaining > 0; i++) {\n        const bracket     = taxBrackets[i];\n        const bracketSize = bracket.upTo - lowerLimit;\n\n        const amountInThisBracket = Math.max(\n          Math.min(remaining, bracketSize),\n          0\n        );\n\n        tax += amountInThisBracket * bracket.rate;\n        remaining -= amountInThisBracket;\n        lowerLimit = bracket.upTo;\n      }\n\n      return tax;\n    }\n\n    btn.addEventListener('click', function() {\n      \/\/ Parse values with commas stripped\n      const monthlySalary  = Number(salaryInput.value.replace(\/,\/g, ''))  || 0;\n      const monthlySide    = Number(sideInput.value.replace(\/,\/g, ''))    || 0;\n      const monthlyRent    = Number(rentInput.value.replace(\/,\/g, ''))    || 0;\n      const monthlyPension = Number(pensionInput.value.replace(\/,\/g, '')) || 0;\n\n      const monthlyGross = monthlySalary + monthlySide + monthlyRent;\n\n      if (monthlyGross <= 0) {\n        alert('Please enter at least one income value (salary, side income, or rent).');\n        return;\n      }\n\n      const annualGross   = monthlyGross * 12;\n      const annualPension = monthlyPension * 12;\n\n      \/\/ Taxable income after pension\n      const taxBase = Math.max(annualGross - annualPension, 0);\n\n      \/\/ Apply brackets\n      const annualTax  = calculateTax(taxBase);\n      const monthlyTax = annualTax \/ 12;\n\n      \/\/ Take-home = gross - tax - pension\n      const monthlyTakeHome = monthlyGross - monthlyTax - monthlyPension;\n\n      monthlyGrossSpan.textContent  = formatNaira(monthlyGross);\n      annualGrossSpan.textContent   = formatNaira(annualGross);\n      annualPensionSpan.textContent = formatNaira(annualPension);\n      taxBaseSpan.textContent       = formatNaira(taxBase);\n      annualTaxSpan.textContent     = formatNaira(annualTax);\n      monthlyTaxSpan.textContent    = formatNaira(monthlyTax);\n      takeHomeSpan.textContent      = formatNaira(monthlyTakeHome);\n\n      resultBox.style.display = 'block';\n    });\n  })();\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Nigeria\u2019s 2026 Tax Reforms: What You Need to Know An overview of recent tax changes and how they affect individuals, businesses, and corporate entities in Nigeria. Calculate Your 2026 Tax View Key Changes About the Reform Why the Tax System Changed The 2026 reform simplifies taxes, protects low-income earners, and modernizes how Nigerians file and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-2","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/sterling.ng\/taxshop\/wp-json\/wp\/v2\/pages\/2","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sterling.ng\/taxshop\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sterling.ng\/taxshop\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sterling.ng\/taxshop\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sterling.ng\/taxshop\/wp-json\/wp\/v2\/comments?post=2"}],"version-history":[{"count":127,"href":"https:\/\/sterling.ng\/taxshop\/wp-json\/wp\/v2\/pages\/2\/revisions"}],"predecessor-version":[{"id":325,"href":"https:\/\/sterling.ng\/taxshop\/wp-json\/wp\/v2\/pages\/2\/revisions\/325"}],"wp:attachment":[{"href":"https:\/\/sterling.ng\/taxshop\/wp-json\/wp\/v2\/media?parent=2"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}