16/12/2025
From 2026, Nigerians are set to benefit from 50 new tax exemptions aimed at easing the cost of living and supporting businesses π³π¬πΌ
Key highlights include:
β’ Lower-income earners and minimum wage workers exempt from PAYE
β’ Reliefs for pensions, gratuities, and retirement benefits
β’ VAT exemptions on basic needs like food, health, education, and rent
β’ Major tax breaks for small businesses, startups, agriculture, and renewable energy
β’ Reduced stamp duties and exemptions on small electronic transfers
A big step toward economic relief, job creation, and growth. ππ
What do you think about these proposed reforms? π
#2026