Emiabata Lawal & Co., Chartered Accountants

12/01/2026

📣 Nigeria Tax Act 2025 Explained — No Panic, Just Facts! 🇳🇬💡
Many people are worried about the Nigeria Tax Act 2025, but let’s clear the air… 🤔🔥
✔️ Not all money is taxable.
Only real income, profits, and gains are taxed — not refunds or reimbursements.
✔️ Tax is not charged on every transfer.
Only taxable supplies attract VAT — regular bank transfers don’t automatically mean tax.
✔️ Words in your bank description do NOT decide tax.
Calling money a “support” or “refund” doesn’t change the law.
✔️ Some payments are not taxable:
🎁 Gifts
🤝 Loans
💰 Capital injections
🔄 Transfers between your own accounts
✔️ Savings already in your account stay safe.
Only new income is taxed.
✔️ Small businesses under the threshold remain exempt.
Professionals don’t get this exemption.
✔️ Gaming wins are exempt — but commissions are taxable.
✔️ Digital asset profits are taxable.
✔️ Corporate tax rates were reduced — not increased.
✔️ Low-income earners are protected.
If you earn ₦800,000 or less, you pay no tax.
📌 The Nigeria Tax Act 2025 is about clarity… fairness… and balance.
Know the facts… not the fear. 💪📊 �
Pulse Nigeria
Let’s stay informed and smart! 🧠👊
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30/12/2025

Frequently Asked Questions (FAQs) on the transition from the Federal Inland Revenue Service (FIRS) to the Nigeria Revenue Service (NRS) Continuation 📝

28/12/2025

Do you know.?

4 Days until the implementation of the new Tax Laws.

Know your Tax Laws. 📝⏳

28/12/2025

New Tax Law | January 2026
The new Tax Law begins January 2026.
Question 2 focuses on PAYE (Pay As You Earn) under Personal Income Tax.
The answer is explained with a simple real-life example for easy understanding.
Please read the attached image.
📱 WhatsApp: +234 706 573 0001
📵 Do not call.

Emiabata Lawal Ramon
TaxAct

27/12/2025

New Tax Law Effective January 2026
The new Tax Law will take effect from January 2026.

Question 1:
Please send your questions only via WhatsApp.
The first question is on residency under Personal Income Tax.

The answer will be explained using a simple real-life scenario to make it easy to understand.
Kindly read the attached image for more details.

📱 WhatsApp: +234 706 573 0001
📵 Please do not call.

24/12/2025

TIN (Tax Identification Number).

Don’t have an Individual TIN (Tax Identification Number) yet?

You can register by yourself easily… just follow the simple steps on the portal below:

24/12/2025

Have questions about the Nigeria Tax Act or any allied tax matters?
Send your questions via WhatsApp message only.
📱 +234 706 573 0001
No calls, please.

06/01/2025

Book Review

How to Deal With Idiots (and Stop Being One Yourself) by Maxime Rovere.

Rovere delivers deep insights in a lighthearted tone, making it a must-read for anyone seeking better relationships and a calmer life. 🌟📚

Summary Review of How to Deal With Idiots (and Stop Being One Yourself) by Maxime Rovere:

This book is a witty and insightful guide that explores how to navigate the frustrations of dealing with difficult people while also reflecting on your own behaviour. 🚶‍♂️🧠 It blends philosophy, humour, and practical advice, offering tools to handle "idiots" with empathy and intelligence instead of anger. 🤝💡

Key points:

1. Understand Others' Perspectives: Learn to see the world through their eyes, no matter how absurd their actions may seem. 👀🤷‍♂️

2. Stay Calm and Composed: Avoid being dragged into their chaos by maintaining your own peace of mind. 🧘‍♀️🕊️

3. Self-Reflection: Recognise your own flaws and work on not being the "idiot" in someone else's story. 🔍🤔

4. Compassion and Patience: Practice kindness, even when it's tough, as it benefits both parties. ❤️🙏

5. Practical Strategies: Concrete steps to defuse tension and create better interactions. 🛠️📖

Rovere delivers deep insights in a lighthearted tone, making it a must-read for anyone seeking better relationships and a calmer life. 🌟📚
Emiabata Lawal Ramon