What To Do To Aviod Being Tax In 2026 - Jobs/Vacancies

What To Do To Aviod Being Tax In 2026 - Jobs/Vacancies - Nairaland

Nairaland Forum › Nairaland General › Jobs/Vacancies › What To Do To Aviod Being Tax In 2026 (1580 Views)

What To Do To Aviod Being Tax In 2026 by captain2020(op): 3:21am On Dec 06, 2025

*URGENT TAX ALERT FOR NIGERIAN ENTREPRENEURS!*

Don't wait until it's too late! If you're running your business in your personal name, you're at risk of being taxed heavily in 2026. The new tax system doesn't forgive ignorance, and transaction monitoring will be stricter than ever.

*Are you prepared?*

Here's the reality:

- If you earn above ₦800,000 per year in your personal account, you'll be taxed under Personal Income Tax (PIT).
- Companies with turnover below ₦100m pay ZERO company income tax.

*Solution:*

Upgrade your business to a Limited Liability Company (LTD) and save yourself from unnecessary tax burdens!

*Benefits:*

- Zero company income tax if your turnover is below ₦100m
- Protect your personal assets
- Credibility and trust with customers and suppliers
- Easy access to loans and investments

*What to do:*

1. Register your business as a Limited Liability Company (LTD)
2. Open two corporate accounts (Sales and Expenses)
3. Keep receipts of all expenses
4. File annual returns

*Don't miss this opportunity!*

Contact us to upgrade your business name to a company name and avoid unnecessary taxes in 2026.

Call/Message: 07032136359

8 Likes

Re: What To Do To Aviod Being Tax In 2026 by franchasng: 7:44am On Dec 06, 2025

captain2020:
*URGENT TAX ALERT FOR NIGERIAN ENTREPRENEURS!*

Don't wait until it's too late! If you're running your business in your personal name, you're at risk of being taxed heavily in 2026. The new tax system doesn't forgive ignorance, and transaction monitoring will be stricter than ever.

*Are you prepared?*

Here's the reality:

- If you earn above ₦800,000 per year in your personal account, you'll be taxed under Personal Income Tax (PIT).
- Companies with turnover below ₦100m pay ZERO company income tax.

*Solution:*

Upgrade your business to a Limited Liability Company (LTD) and save yourself from unnecessary tax burdens!

*Benefits:*

- Zero company income tax if your turnover is below ₦100m
- Protect your personal assets
- Credibility and trust with customers and suppliers
- Easy access to loans and investments

*What to do:*

1. Register your business as a Limited Liability Company (LTD)
2. Open two corporate accounts (Sales and Expenses)
3. Keep receipts of all expenses
4. File annual returns

*Don't miss this opportunity!*

Contact us to upgrade your business name to a company name and avoid unnecessary taxes in 2026.

Call/Message: 07032136359

These are the kinds of topics that should be frequenting nairaland front page.

What if one person owns like 4 different LTD companies with different bank accounts for each of the companies, will the turnover for all the 4 companies owned by this one individual be joined together and taxed as one or will they be taxed individually?

Secondly, if a company has not been paying tax in the past and has existed for like 11 years, will there be any penalty or issue if the company starts paying from next year?

Your honest counsel is highly appreciated

5 Likes

Re: What To Do To Aviod Being Tax In 2026 by faceland: 8:50am On Dec 06, 2025*

This doesn't make sense. Many businesses that pay tax cannot boast of ₦40m a year, but want to tax personal account with ₦70k a month?

10 Likes

Re: What To Do To Aviod Being Tax In 2026 by emmy512(m): 8:59am On Dec 06, 2025

franchasng:
These are the kinds of topics that should be frequenting nairaland front page.

What if one person owns like 4 different LTD companies with different bank accounts for each of the companies, will the turnover for all the 4 companies owned by this one individual be joined together and taxed as one or will they be taxed individually?

Secondly, if a company has not been paying tax in the past and has existed for like 11 years, will there be any penalty or issue if the company starts paying from next year?

Your honest counsel is highly appreciated

Taxed individually because in the eyes of the law they are all separate entities.

Second

11 years of not tax or anual returns if you have not been removed you will have to pay those fines

1 Like 1 Share

Re: What To Do To Aviod Being Tax In 2026 by Kaczynski: 9:13am On Dec 06, 2025

also keep your earnings in an offshore account and some bits in crypto.

5 Likes 1 Share

Re: What To Do To Aviod Being Tax In 2026 by Karleb(m): 9:23am On Dec 06, 2025

My prediction on this tax is that it's going to be one of the policies APC government will rescind before December 2026.

But for now, just pay up.

4 Likes

Re: What To Do To Aviod Being Tax In 2026 by Hightablevoice2: 6:26pm On Dec 06, 2025

This whole tax bill starting from 800k is just ludicrous. It's voodoo economics in plain sight. While Tax on it's own is a good way for raising money for governments, but it's never a solution to a developing economy like Nigeria's. Take for instance, someone running 2 or 3 electronics shops, most definitely that person will make at least 5m in a year as from sales.. Not profit oo, but sales.. And now what if most those goods were actually collected as loan, as in sell and pay later as most people operate business of that nature.. Now, at the end of the year the person owns profit isn't more about 20-25% of that 5m operating cost.. And now you government steps in to collect 500k fron that, mind you, government is asking for the 500k that he or she might not have as in cash in hand or available balance on his account or directly though, but because the transactions in his or her account reflects that 5m transaction has already been recorded on this account.. that person is liable to pay the tax by force..

The whole go and register your company issue isn't for the present Nigeria system.. I fully disagree with this PIT bill. It doesn't make any sense whatsoever. If you are taxing corporate organization to raise money that is understandable but taxing a normal person without even any incentive to pay the tax is a joke.
What are they getting in return for the tax? Is it security, good infrastructure, medical assistance or what in particular.. I am an advocate for a Nigeria as a nation that works but this I have been saying is just like broad daylight robbery.. why do I have to be keeping money in crypto when I have my own account in my country.. paying tax is not a bad idea but it's tits for tat.. what are Nigerians getting for it. Even in the US they still have tax refunds and all that.. and if it's about loan, not everyone likes the idea of loan. As for me personally, I loathe it so what's beneficial for people like me.. absolutely nada.. and to even think that AlphaBeta will still be involved again..it just seems a little bit sketchy. Because when you think about it, even the 20m plus Nigerians in diaspora, 3 out of 5 already feel this is unnecessarily unjust..

6 Likes

Re: What To Do To Aviod Being Tax In 2026 by KNOWMORE56: 8:14pm On Dec 06, 2025

Gradually we'll go back to the British tax (colonial) Master era. In those days before you go to market you'd be sure you are with your taxes receipt, if not you'll find yourself in prison.

Enugu State traders are complaining already ( that Peter Mba is taxing them heavily). Even pure water hawkers are not exempted.

2 Likes

Re: What To Do To Aviod Being Tax In 2026 by KNOWMORE56: 8:15pm On Dec 06, 2025

By the way, how do artisans pay their taxes ?

Re: What To Do To Aviod Being Tax In 2026 by Mercury12(m): 8:42pm On Dec 06, 2025

Kaczynski:
also keep your earnings in an offshore account and some bits in crypto.

crypto that isn't stable lipsrsealed

2 Likes

Re: What To Do To Aviod Being Tax In 2026 by Kaczynski: 8:48pm On Dec 06, 2025

Mercury12:
crypto that isn't stable

is naira stable??

Re: What To Do To Aviod Being Tax In 2026 by Emmabyte: 9:12pm On Dec 06, 2025

What are Nigerians getting in return for the tax.
Banditry
Terrorism
Bad road
No light
No hospital
Education zero

My question has always been how can a country like Nigeria with over 100 university can't produce a reasonable person to lead them? from illiterate buhari to a know drugs lord , only God knows who is coming next maybe one of those criminal he pardon

5 Likes 1 Share

Re: What To Do To Aviod Being Tax In 2026 by nnamdi640: 9:35pm On Dec 06, 2025

Emmabyte:
What are Nigerians getting in return for the tax.
Banditry
Terrorism
Bad road
No light
No hospital
Education zero

My question has always been how can a country like Nigeria with over 100 university can't produce a reasonable person to lead them? from illiterate buhari to a know drugs lord , only God knows who is coming next maybe one of those criminal he pardon

Honestly the thing tire me, and the worst part, it is professor that will coordinate the election

1 Like

Re: What To Do To Aviod Being Tax In 2026 by ALLNIGERIANSMAD(m): 10:31pm On Dec 06, 2025

captain2020:
*URGENT TAX ALERT FOR NIGERIAN ENTREPRENEURS!*

Don't wait until it's too late! If you're running your business in your personal name, you're at risk of being taxed heavily in 2026. The new tax system doesn't forgive ignorance, and transaction monitoring will be stricter than ever.

*Are you prepared?*

Here's the reality:

- If you earn above ₦800,000 per year in your personal account, you'll be taxed under Personal Income Tax (PIT).
- Companies with turnover below ₦100m pay ZERO company income tax.

*Solution:*

Upgrade your business to a Limited Liability Company (LTD) and save yourself from unnecessary tax burdens!

*Benefits:*

- Zero company income tax if your turnover is below ₦100m
- Protect your personal assets
- Credibility and trust with customers and suppliers
- Easy access to loans and investments

*What to do:*

1. Register your business as a Limited Liability Company (LTD)
2. Open two corporate accounts (Sales and Expenses)
3. Keep receipts of all expenses
4. File annual returns

*Don't miss this opportunity!*

Contact us to upgrade your business name to a company name and avoid unnecessary taxes in 2026.

Call/Message: 07032136359

if you no give me cash, I no dey sell my product for you, let them come and arrest me to collect the tax

2 Likes

Re: What To Do To Aviod Being Tax In 2026 by AngelSlay: 11:07pm On Dec 06, 2025

KNOWMORE56:
By the way, how do artisans pay their taxes ?

Direct Assessment

Re: What To Do To Aviod Being Tax In 2026 by faceland: 11:42pm On Dec 06, 2025

ALLNIGERIANSMAD:
if you no give me cash, I no dey sell my product for you, let them come and arrest me to collect the tax

If they do transfer, they should cover the tax

Re: What To Do To Aviod Being Tax In 2026 by captain2020(op): 3:00am On Dec 07, 2025

franchasng:
These are the kinds of topics that should be frequenting nairaland front page.

What if one person owns like 4 different LTD companies with different bank accounts for each of the companies, will the turnover for all the 4 companies owned by this one individual be joined together and taxed as one or will they be taxed individually?

Secondly, if a company has not been paying tax in the past and has existed for like 11 years, will there be any penalty or issue if the company starts paying from next year?

Your honest counsel is highly appreciated

If you have 4 different company m, you are advise to register them as group of company. Then pay the tax via group company

Re: What To Do To Aviod Being Tax In 2026 by captain2020(op): 3:11am On Dec 07, 2025

Contact me via 07032126359 for CAC registration and upgrading your business name to company name.

Re: What To Do To Aviod Being Tax In 2026 by franchasng: 4:54am On Dec 07, 2025

captain2020:
If you have 4 different company m, you are advise to register them as group of company. Then pay the tax via group company

how can one register a group of company?

Re: What To Do To Aviod Being Tax In 2026 by captain2020(op): 9:09am On Dec 07, 2025

franchasng:
how can one register a group of company?

Chat me via 07032136359

Re: What To Do To Aviod Being Tax In 2026 by captain2020(op): 7:43am On Dec 15, 2025

captain2020:
*URGENT TAX ALERT FOR NIGERIAN ENTREPRENEURS!*

Don't wait until it's too late! If you're running your business in your personal name, you're at risk of being taxed heavily in 2026. The new tax system doesn't forgive ignorance, and transaction monitoring will be stricter than ever.

*Are you prepared?*

Available, keep the call and message coming.
Here's the reality:

- If you earn above ₦800,000 per year in your personal account, you'll be taxed under Personal Income Tax (PIT).
- Companies with turnover below ₦100m pay ZERO company income tax.

*Solution:*

Upgrade your business to a Limited Liability Company (LTD) and save yourself from unnecessary tax burdens!

*Benefits:*

- Zero company income tax if your turnover is below ₦100m
- Protect your personal assets
- Credibility and trust with customers and suppliers
- Easy access to loans and investments

*What to do:*

1. Register your business as a Limited Liability Company (LTD)
2. Open two corporate accounts (Sales and Expenses)
3. Keep receipts of all expenses
4. File annual returns

*Don't miss this opportunity!*

Contact us to upgrade your business name to a company name and avoid unnecessary taxes in 2026.

Call/Message: 07032136359

Re: What To Do To Aviod Being Tax In 2026 by captain2020(op): 7:46am On Dec 15, 2025

faceland:
This doesn't make sense. Many businesses that pay tax cannot boast of ₦40m a year, but want to tax personal account with ₦70k a month?

Come let me guide you on how to operate legally and not pay tax if your profit isn’t up to 100m yearly.

07032136359

1 Reply

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