The second quarter of 2026 marked a defining period in Nigeria’s evolving tax landscape, with far-reaching administrative reforms, and key policy developments aimed at enhancing certainty, efficiency, and compliance.
This edition examines the quarter’s most notable developments, from the transition from TaxPro Max to Rev360, to the issuance of the NRS Tax Filing Guidelines, providing practical direction on compliance under the new platform. It also explores the NRS’ clarification on the widely discussed 25% tax on building materials or construction funds.
On the policy front, the Newsletter reviews the General Transition Guidelines for the New Tax Acts, the Nigeria Presumptive Tax Regulations, 2026, and the 2026 Fiscal Policy Measures, all of which provide further direction on the implementation of Nigeria’s tax reform agenda and regional obligations.
Against the backdrop of these developments, this edition is centred on the overarching objective of tax certainty, providing practical insights into the legal, judicial, and administrative developments that matter most to taxpayers, businesses, and tax professionals.
