Below are the details of New Nigeria Tax Bill: TAX RATES & BASIS:* Corporate Income Tax (CIT): * Small companies (annual turnover below ₦50 million): Exempt from CIT. Other companies: * For the year of assessment 2025: 27.5% of taxable profits. * From 2026 onwards: 25%. Personal Income Tax (PIT): * First ₦800,000: 0%. * […]

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