Nigerian Govt releases guidelines for transition to new tax regime
The framework preserves existing incentives until expiry and says tax returns due from Jan. 1, 2026, will follow the new legal structure.
- On Thursday, the Federal Ministry of Finance released guidelines governing Nigeria's transition from repealed tax laws to the new framework that took effect on January 1, 2026.
- The Tax Acts consist of four major laws introduced to modernize revenue administration and improve compliance as part of Nigeria's broader fiscal reform agenda.
- Minister of Finance and Coordinating Minister of the Economy Taiwo Oyedele said the guidelines ensure "no retrospective application," with tax returns due from January 1, 2026, falling under the new legal structure.
- Existing tax exemptions and incentives granted under repealed laws remain valid until their expiration dates, while new requests for incentives will be assessed under the Tax Acts provisions.
- Anchored on principles of clarity, fairness, and administrative certainty, the framework is expected to reduce uncertainty for businesses and investors while supporting effective administration of Nigeria's new tax regime.
15 Articles
15 Articles
Nigeria: Guidelines Issued for Transition to New Tax Regime
"The document provides a framework for managing transitional issues while ensuring that the new laws are not applied retrospectively," says Taiwo Oyedele, Minister of Finance and Coordinating Minister of the Economy.
FG issues guidelines for transition to new tax regime
“The document provides a framework for managing transitional issues while ensuring that the new laws are not applied retrospectively,” says Taiwo Oyedele, Minister of Finance and Coordinating Minister of the Economy.
Nigerian Govt releases guidelines for transition to new tax regime
The Federal Government has released guidelines to steer Nigeria’s transition to a new tax regime. The guidelines, released on Thursday by the Ministry of Finance, are expected to guide taxpayers, revenue agencies, tax consultants and other stakeholders through the transition period. The government said the framework addresses key issues surrounding the implementation of the new tax laws, particularly on matters involving existing tax obligations…
FG Releases Transition Guidelines for Nigeria’s Tax Acts 2025
The Federal Government has released the General Transition Guidelines for the implementation of the Tax Acts 2025. The guidelines explain how Nigeria will move from the old tax laws to the new tax system, which took effect on January 1, 2026. They were issued by the Federal Ministry of Finance under Section 144 of the … The post FG Issues Transition Guidelines for Implementation of Tax Acts 2025 appeared first on Business Elites Africa.
FG issues transition guidelines for Tax Acts 2025
Federal Government has issued the General Guidelines for the implementation of the Tax Acts 2025, setting out the process for transition from the repealed tax laws to the new tax framework effective from January 1, 2026. Issued by the Federal Ministry of Finance, the Guidelines provide direction to taxpayers, tax The post FG issues transition guidelines for Tax Acts 2025 appeared first on National Accord Newspaper.
Tax Laws: FG Issues Implementation Guidelines for Taxpayers, Revenue Agencies
The federal government has issued guidelines for the implementation of the Tax Acts 2025, setting out the transition process from repealed tax laws to Nigeria’s new tax framework, which took effect from January 1, 2026. The guidelines, released by the federal ministry of finance, provide direction to taxpayers, tax practitioners, revenue authorities and other stakeholders on how to address various issues arising during the transition period. Thi…
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