Nigeria’s evolving tax reforms have sparked intense conversations—many driven by assumptions rather than facts. To make informed decisions, it’s important to separate myths from realities.
The new tax law is designed to overburden small businesses.
The reforms aim to widen the tax net, not suffocate SMEs. Many provisions focus on fairness, efficiency, and bringing more informal businesses into a structured system, while encouraging compliance through simplified processes.
The goal is not higher taxes for all, but better collection.
