
Taxes
PAYE Is Not Your Company’s Money: Why Staff Tax Deductions Must Be Remitted
Every month, an employer pays salaries and deducts PAYE from employees’ income.
Practical explanations for earning, working, and paying taxes in Nigeria—without the legal maze.
Latest guidance
45 articles

Taxes
Every month, an employer pays salaries and deducts PAYE from employees’ income.

Personal Income Taxes (PIT)
There is a common assumption that if you do not have any tax to pay, there is nothing else you need to do.

Personal Income Taxes (PIT)
For years, one of the assumptions around tax has been simple: if money does not pass through a bank account, it is harder for the tax authority to know about it. That assumption is becoming less reliable.

Taxes
Paying your tax late is about to work a little differently.

Company Taxes
Buying business assets can come with tax benefits, but those benefits depend on meeting the rules. For freelancers, agencies and other businesses, poor tax compliance or incomplete records can create problems when claiming capital allowances. Here’s what the 2026 tax framework means for your business.

Personal Income Taxes (PIT)
“Gift.” “Family support.” “Loan repayment.” These are common descriptions people use when sending money through their bank accounts.

Taxes
One of the less discussed changes under Nigeria’s new personal income tax framework is the removal of the Consolidated Relief Allowance (CRA) and its replacement with a targeted rent relief.

Legislation
Nigeria’s tax system is becoming more digital, and the next stage of the reforms could involve more information being shared across government agencies. That may sound like an issue for large companies, but freelancers have reasons to pay attention too.

Taxes
Nigeria is collecting more tax. More people are also filing.