Shelze Fiscal Webinar #005 – Zero Tax Does Not Mean Zero Compliance

What This Session Covers

Since 1 January 2026, every Nigerian company with annual turnover of ₦100 million or less qualifies for 0% Companies Income Tax under the Nigeria Tax Act 2025. The exemption extends to chargeable gains, the Development Levy, and Withholding Tax obligations.

But exemption from tax is not exemption from compliance. Filing obligations remain. Capital allowances must be claimed. Professional services firms must still charge VAT. And the presumptive tax regime creates a compelling case for incorporating unregistered businesses.

You Will Learn

• The difference between a “small company” under the NTA and a “small business” under the NTAA, and why the distinction determines which taxes you are exempt from
• Why professional services firms qualify for 0% CIT but must register for and charge 7.5% VAT
• CIT, CGT, Development Levy, WHT, and VAT exemption mechanics with section references
• The presumptive tax regime: Nano business exemption (₦12M), 1% turnover rate, 2% presumptive CGT
• Capital allowance rules: why small companies must claim every year and cannot accumulate allowances
• Filing obligations despite 0% CIT, TIN requirements, and penalty exposure
• Anti-avoidance provisions: mandatory disclosure within 30 days, up to ₦1 million penalty
• The incorporation question: business name vs company tax comparison

About the Shelze Fiscal Webinar Series

The Shelze Fiscal Webinar Series is a free, monthly programme delivering practical tax intelligence on the Nigeria Tax Act 2025 and related legislation. Previous sessions have covered Place of Residence, VAT Input Claims and CIT Deductibility, VAT Classification, and Withholding Tax. Each session is designed to give finance professionals the technical depth they need to navigate the new tax regime with confidence.