Nigeria’s New Tax Law: What Changed & How It Affects You

The New Tax Act (NTA) has introduced some of the most far-reaching tax reforms in recent years — and businesses can no longer afford to ignore them.

In this video, we break down the key changes under the New Tax Act and explain how they affect Companies Income Tax (CIT), Capital Gains Tax (CGT), Value Added Tax (VAT), and Withholding Tax (WHT). Whether you’re a business owner, finance professional, adviser, or investor, this session will help you understand what has changed, what it means in practice, and how to stay compliant.

What you’ll learn in this video:
• New small-company exemptions and what qualifies
• The introduction of the 4% Development Levy
• The 15% minimum effective tax rate for large and multinational companies
• Changes to Capital Gains Tax, including indirect share transfers
• Major VAT reforms, including full input VAT recovery and e-invoicing
• Expanded Withholding Tax and non-resident taxation rules
• Increased penalties, disclosure obligations, and compliance risks
• Practical examples showing how the new rules apply in real business scenarios

We also highlight key takeaways for SMEs, large companies, and multinationals, and explain why tax planning, documentation, and compliance are now more important than ever.

📊 If you’re preparing for tax impact assessments, restructuring, or compliance under the new law, this video provides a solid foundation.

👉 Watch till the end for a clear summary of what businesses should do next.

🔔 Don’t forget to like, share, and subscribe for more simplified insights on tax, finance, and business regulation.

📩 Disclaimer: This video is for educational purposes only and does not constitute tax or legal advice. Please consult your tax adviser for guidance specific to your situation.
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