Service
Tax & Regulatory Compliance
Nigeria's tax laws were consolidated in 2025 through the Nigeria Tax Act and the Nigeria Tax Administration Act, which took effect on 1 January 2026. The Federal Inland Revenue Service has become the Nigeria Revenue Service (NRS). These changes affect rates, thresholds, filing procedures and penalties for most businesses.
Overview
Nigeria's tax laws were consolidated in 2025 through the Nigeria Tax Act and the Nigeria Tax Administration Act, which took effect on 1 January 2026. The Federal Inland Revenue Service has become the Nigeria Revenue Service (NRS). These changes affect rates, thresholds, filing procedures and penalties for most businesses.
We help companies and individuals comply with these laws and meet their other statutory obligations. Our work also covers tax audits and disputes with the authorities.
Our Understanding of Your Needs
Most businesses face several filing deadlines each month: VAT and withholding tax to the NRS, PAYE to the State Internal Revenue Service, and pension and other statutory contributions to their agencies. Missed deadlines attract penalties and interest, and repeated defaults can lead to tax audits and the withholding of tax clearance certificates. Those certificates are needed for contracts, permits and banking.
Many companies also carry hidden exposures from earlier years, such as unremitted withholding tax or VAT on imported services. These usually come to light during a tax audit, when the cost of correction is highest.
Scope of Service
Tax registration and Tax ID administration
Companies income tax and development levy computations and returns
Monthly VAT and withholding tax schedules, filing and remittance
PAYE administration, monthly remittances and annual employer returns to State tax authorities
Personal income tax returns for directors, professionals and expatriates
Tax health checks and reviews of prior-year exposures
Representation during NRS and State tax audits and investigations
Objections to assessments and appeals before the Tax Appeal Tribunal
Transfer pricing documentation for related-party transactions
Tax clearance certificate processing
Other statutory compliance: pension remittances under the Pension Reform Act 2014, NSITF, ITF, NHF, and SCUML registration for designated businesses
Our Methodology
We manage tax compliance as a continuous cycle. Each cycle begins with a review of your current position.
- 1
Tax health check
- Review of prior returns, assessments, ledgers and correspondence with tax authorities
- Identification of exposures and their likely cost
Output to you: Tax risk report with priorities
- 2
Compliance calendar
- Schedule of every federal, state and agency filing deadline
- Assignment of responsibility for each filing
Output to you: Compliance calendar
- 3
Computation and preparation
- Computation of liabilities and preparation of returns and schedules
- Review by a CITN-qualified partner
Output to you: Returns for management approval
- 4
Filing and remittance
- Electronic filing on the NRS and State platforms
- Reconciliation of remittances to returns
Output to you: Filing acknowledgements and receipts
- 5
Audit and dispute support
- Preparation for and attendance at tax audits
- Reconciliations and responses to queries
- Objections and appeals within statutory deadlines
Output to you: Audit responses, objection letters and appeal filings
- 6
Monitoring and updates
- Tracking of new laws, regulations and public notices
- Quarterly review of your position
Output to you: Tax alerts and quarterly compliance status report
Deliverables
01
Tax risk report and compliance calendar
02
Prepared and filed returns with evidence of filing and payment
03
Quarterly compliance status report
04
Responses, objections and appeal documents in disputes
05
Tax clearance certificates
How We Add Value
A partner who is a member of CITN reviews every return before it is filed. Because our tax team works with our audit team, the figures in your returns agree with your audited accounts, which removes a common trigger for tax queries.
We plan payments around your cash flow and identify reliefs and exemptions available under the new tax laws. When an assessment arrives, we respond within the statutory deadline and base each objection on the law and your records.
Applicable Standards and Regulations
- Nigeria Tax Act 2025
- Nigeria Tax Administration Act 2025
- Nigeria Revenue Service (Establishment) Act 2025
- Joint Revenue Board (Establishment) Act 2025
- State tax laws
- Pension Reform Act 2014
- Industrial Training Fund Act
- Employees' Compensation Act 2010
- transfer pricing regulations
Frequently Asked Questions
Do not ignore it. An objection must be filed within the period stated in the law and on the notice. Contact us as soon as the notice arrives so that we can review it and prepare a response.
Speak With a Partner
Book a tax health check with a CITN-qualified partner.