In June 2025, Nigeria introduced four major Tax Reform Acts to simplify tax laws, improve compliance, and ease the burden on small businesses. Starting January 2026, companies will need to adapt to new rules around tax exemptions, Capital Gains Tax, a flat Development Levy, and mandatory e-invoicing for VAT.
Small businesses benefit from clearer thresholds and broader exemptions. Larger firms face new reporting requirements, including a 15% minimum effective tax rate and increased scrutiny on digital transactions.
What does this mean for you? It means now’s the time to modernize your tax and accounting processes. Manual tracking and spreadsheets won’t cut it.
LeafTally makes it easier. It automates tax calculations, keeps your business aligned with the latest laws, and helps you prepare for the shift ahead—without the headache.
The new laws go live in January 2026. Get your business ready now.
