Targema Steve Esq

Targema Steve Esq Lawyer ll Tech and sports law ll CAC Accredited Agent

03/01/2026

🚨 IMPORTANT TAX UPDATE (Effective 1st January 2026) 🚨

Nigeria’s new tax law is now in force, and it changes everything about how income and businesses are monitored.

What you must know: Business income should no longer pass through personal accounts.

CAC registration, TIN, and a corporate bank account are now essential.

Digital transactions are being monitored.

Non-compliance attracts penalties and tax assessments.

Low-income earners get relief, but businesses face stricter scrutiny.

📌 If money enters your account regularly, the law now sees it as taxable income.

This reform is not just about paying more tax, it’s about visibility, structure, and compliance.

Don’t wait until your account is flagged.

Get compliant. Get structured. Stay protected.

DM if you need help with CAC registration, TIN, or setting up a corporate account.

Happy New Year Everyone.☺🙏🏻

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