Nigeria Tax Administration Bill, 2025

Abstract

The Nigeria Tax Administration Bill, 2025 is one of four interlinked tax reform laws transmitted to the Nigerian National Assembly. Its aim is to modernize and streamline tax administration across the country. The bill establishes a clear legal framework for tax assessment, collection, enforcement, and dispute resolution. Key reforms include mandatory digital invoicing, a unified Single Tax Window, and automated bank reporting of transactions exceeding ₦25 million monthly to capture high-income earners and combat evasion. It also provides incentives for small businesses—exempting firms with turnover under ₦25 million from corporate income tax—and harmonizes tax penalties and administrative procedures. By leveraging technology and clarifying taxpayer obligations, the bill seeks to improve compliance, reduce disputes, and enhance revenue efficiency.