Does CAC Automatically Generate TIN in 2025? (The Real Answer for Nigerian Businesses)
CAC Automatically Generate TIN. If you registered your business with the Corporate Affairs Commission (CAC) lately, you’ve probably noticed your Tax Identification Number (TIN) now appears right on your certificate. Sounds convenient, right? One less trip to the FIRS office.But here’s the reality: that doesn’t mean you can skip getting a TIN certificate. This post […]
Top 10 Tax Deductions in Nigeria You’re Probably Missing Right Now
Tax season in Nigeria doesn’t have to drain your bank account. Many hardworking Nigerians are paying more tax than they should because they don’t know about the tax deductions in Nigeria that can legally reduce their tax bill. So, let’s say you’re a freelancer working with foreign clients, running a small business in Lagos, or […]
VAT vs Company Income Tax in Nigeria: What’s the Real Difference?
Look, if you’re running a business in Nigeria and you think VAT and Company Income Tax are the same thing, you’re about to get a very expensive education. And trust me, FIRS is not offering any student discounts. Picture this: You’re at a party, and someone mentions they’re paying “business tax.” Then they start mixing […]
5 Signs You’ll Be Fined by FIRS in 2025 (And How to Fix Them Fast)
If you’re reading this and your palms are getting sweaty, good. That means you still have a healthy fear of FIRS — and that fear might just save your business this year. 2025 is not the year to play games with Nigerian tax authorities. They’ve upgraded their systems, tightened their processes, and honestly, they’re hungrier […]
7 Tax Moves Every Nigerian Business Must Make Before FIRS Comes Knocking
So, you’ve registered your business. That’s step one. But if you’re not thinking about business tax in Nigeria, you’re basically dressing your hustle in fine agbada — with no trousers underneath. You’ve got your brand new CAC certificate, your business bank account is looking fresh, and maybe you’ve even started selling on Instagram or running […]
