On 4 July 2022, the Federal Inland Revenue Service (FIRS) of Nigeria has announced to extend the submission of company income tax return for the 2022 year of assessment. Accordingly, the filing of Companies Income Tax Returns for the 2022 Year of Assessment, due on 30th June β22, has been extended to 31st August β22, for companies who were unable to meet up with the deadline as at the end of June, β22. Taxpayers that file within this extension will not be trigged to late filing penalties or late payment interest.
Tax Treaty News: July 2022
Related Posts
Nigeria: Federal government issues transition guidelines for Tax Acts 2025
Nigeriaβs Federal Ministry of Finance announced, on 18 June 2026, that the federal government has issued the General Guidelines for the implementation of the Tax Acts 2025, setting out the process for the transition from the repealed tax laws to
Read MoreNigeria: NRS announces the implementation of taxpayer identification (Tax ID)
The Nigeria Revenue Service (NRS), in collaboration with the Joint Revenue Board (JRB), in a press release on 18 May 2026, has notified the public of the implementation of the Taxpayer Identification (Tax ID), in line with Sections 6, 7 and 8 of the
Read MoreNigeria: JRB releases Personal Income Tax Guidelines 2026
Nigeria's Joint Revenue Board (JRB) has released the Personal Income Tax Guidelines 2026 on 7 April 2026. The 2026 Personal Income Tax Guidelines established a comprehensive framework for tax compliance and administration. These regulations
Read MoreNigeria: MoF introduces presumptive tax regulation framework
Nigeriaβs Ministry of Finance have introduced the Presumptive Tax Regulations framework on 4 March 2026, marking a significant milestone in Nigeriaβs tax reform journey. The Ministry described the framework as simple, clear and fair, with a
Read MoreNigeria: NRS expands mandatory e-invoicing rollout to medium and emerging taxpayers
The Nigeria Revenue Service (NRS) has announced the continuation of the phased rollout of its E-Invoicing and Electronic Fiscal System (EFS), also known as the Merchant Buyer Solution (MBS), to Medium and Emerging Taxpayers. In a notice issued on
Read MoreNigeria: NRS announces phased e-invoicing rollout
The Nigeria Revenue Service (NRS) has released a timeline for the phased implementation of its Electronic Invoicing and Electronic Fiscal System (EFS), also known as the Merchant Buyer Solution (MBS). The initiative is part of efforts to modernise
Read More