Friday, 19 June 2026
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Politics

FG unveils framework for migration to new tax system

From Adanna Nnamani , Abuja
The Federal Government has issued comprehensive guidelines to facilitate the transition from Nigeria’s repealed tax laws to the new tax framework established under the Tax Acts 2025, providing clarity for taxpayers, tax practitioners, revenue authorities and other stakeholders ahead of the full implementation of the reforms.
The guidelines, released by the Federal Ministry of Finance on Thursday, outline the procedures for managing tax obligations and administrative matters as the country migrates to the new tax system, which takes effect from January 1, 2026.
According to the government, the General Guidelines for the Implementation of the Tax Acts 202...

Source: Sun News Online

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