Latest Nigerian Tax Updates: What SMEs Must Know in 2026

The Nigerian tax landscape continues to evolve. In this article we examine the most recent updates affecting Company Income Tax (CIT), the revised VAT registration thresholds, and new digital filing requirements from the FIRS. SMEs must stay compliant to avoid penalties while taking advantage of available reliefs. Our advisory team breaks down the practical steps every business owner should take this year, from record keeping to timely remittances.