WORKSHOP ON UNDERSTANDING & MANAGING BASIC TAX MATTERS

 3rd-4th February, 2026                                                                                                                      26th-27th May, 2026

20th-21th August, 2026                                                                                                                       15th-16th October, 2026

Introduction

Nigeria’s tax system, recently consolidated under the Nigeria Tax Act (NTA) and Nigeria Tax Administration Act (NTAA) of 2025, operates on a decentralized framework with federal, state, and local governments responsible for different taxes. The system aims to be more progressive, focusing on revenue generation and ease of compliance

A course on Understanding Basic Tax matters in Nigeria typically covers fundamental concepts, the types of taxes, administration, and compliance requirements for individuals and businesses. The specific contents can vary slightly but generally follow a structure that includes the following modules: 

Key Principles

• Mandatory Compliance: All individuals and companies deriving income from or operating in Nigeria are obligated to pay taxes and obtain a Taxpayer Identification Number (TIN).
• Progressive Taxation: Personal Income Tax is progressive, meaning higher earners pay a larger percentage of their income in taxes.
• Self-Assessment: Nigeria operates a self-assessment tax system where taxpayers declare their income and expenses, though authorities can conduct audits.
• Digital Transformation: The new laws mandate digital filing and e-invoicing for VAT-registered businesses to improve transparency and efficiency. 

 Course Contents

Module 1: Introduction to Taxation 

This module provides the foundational knowledge of the Nigerian tax system. 

• Definition and Objectives of Taxation: Understanding what tax is and why governments impose it (e.g., revenue generation, economic regulation).
• Principles/Canons of Taxation: Key principles that ensure a fair and efficient tax system (equity, certainty, convenience, economy, simplicity).
• Types of Taxes and Tax Systems: Differentiating between direct/indirect taxes and progressive, proportional, and regressive tax systems.
• Basic Concepts and Terminologies: Understanding terms like tax base, tax yield, tax rate, tax incidence, etc..
• Sources of Tax Laws: Identifying the legal framework, including the Constitution, various Acts, and Finance Acts. 

Module 2: Tax Administration in Nigeria

This section focuses on the authorities responsible for managing taxes. 

• Governing Bodies: Functions, compositions, and powers of key authorities, such as the Federal Inland Revenue Service (FIRS), State Boards of Internal Revenue, and the Joint Tax Board (JTB).
• Tax Identification Number (TIN): Objectives and the process of obtaining and verifying a TIN.
• Taxpayer Registration and Returns: The process for registering with tax authorities and filing obligatory tax returns. 

Module 3: Major Types of Taxes

This module details the various taxes applicable in Nigeria. 

• Personal Income Tax (PIT): Covers taxation of income from employment (PAYE – Pay As You Earn) and self-assessment for sole traders, partners, and other individuals.
• Company Income Tax (CIT): Administration, chargeability, exemptions, reliefs, and the standard tax rates for limited liability companies.
• Value Added Tax (VAT): Administration, chargeability, exemptions, and the current VAT rate.
• Capital Gains Tax (CGT): Nature, objectives, computation of chargeable gains, and exemptions.
• Withholding Tax (WHT): Introduction to the concept of tax deductions at source and compliance cycles.
• Other Taxes: Stamp duties, Education Tax, and Customs and Excise duties. 

Module 4: Compliance, Planning, and Ethics

This final module covers practical aspects of dealing with the tax system. 

• Tax Planning vs. Tax Avoidance/Evasion: Distinguishing between legal tax planning and illegal evasion, and the associated penalties.
• Tax Audit and Investigation: Overview of desk and field audits and the stages of investigation.
• Offences and Penalties: Understanding the repercussions for non-compliance.
• Case Studies: Practical exercises and real-life scenarios to apply theoretical knowledge. 

Duration: Two (2) days                                                                                                                                                   Fee: N180,000     

For Whom: All categories of employees