New Tax Act 2025: Nigeria Tax Act Practical Course

About Course

New Tax Act 2025

Apply Nigeria’s new tax laws with confidence, from PAYE and VAT to company income tax and withholding tax.

A practical walkthrough of the Nigeria Tax Act 2025 and the related reform laws, covering personal income tax, PAYE, VAT, withholding tax, company income tax and capital allowances. It is taught through recorded live classes, with worked illustrations, practice questions with solutions, Q&A sessions and TaxPro Max filing demos.

6Modules48Video lessons29+ hrsRecorded live training6Module quizzes1Final assessment

What you will be able to do

✓Explain the 2025 tax reform and the key changes in the Nigeria Tax Act and the Nigeria Tax Administration Act.

✓Compute personal income tax and PAYE: work out chargeable income and tax payable using the new individual rates.

✓Apply VAT correctly, from taxable and zero-rated supplies to input VAT, reverse charge, time of supply and VAT payable.

✓Deduct and account for withholding tax under the WHT Regulations, including how it interacts with VAT.

✓Prepare a company income tax computation, adjusting profit for disallowable expenses and computing capital allowances.

✓File VAT and WHT returns on TaxPro Max and understand the offences, penalties and desk reviews that come with non-compliance.

Your learning journey

1The reform and personal income tax(Module 1)
What changed under the 2025 Acts, chargeable income and PIT computations with illustrations.

2PAYE and withholding tax(Module 2)
PAYE, taxing the self-employed, and WHT practice questions with solutions.

3VAT in depth(Module 3)
Taxable, exempt and zero-rated supplies, input VAT, reverse charge and fiscalisation.

4Compliance and filing(Module 4)
Offences and penalties, desk reviews and investigations, and filing on TaxPro Max.

5Company income tax and WHT regulations(Modules 5–6)
CIT computations, capital allowances and applying the WHT Regulations.

6Final Assessment and Certificate(Module 7)
A course-wide test to confirm your understanding and earn your certificate.

What you get

48 video lessons (about 29 hours) recorded from live classes, with real participant questions answered

Practice templates and workbooks: a PAYE template, a Company Income Tax template and training slides based on the NTA 2025, a WHT schedule and WHT Regulations training workbook, and CIT sample questions.

The new tax laws and guides: the Nigeria Tax Act 2025, the Nigeria Tax Administration Act 2025 and the Joint Revenue Board Establishment Act 2025, plus guides on obtaining your Tax ID, taxation of the self-employed, and exemptions and reliefs.

6 module quizzes and a final assessment to check your understanding

12 months of access to learn at your own pace and revisit any lesson

An Accounting Yard certificate when you complete the lessons and pass the quizzes

Who this course is for

AccountantsTax and finance professionalsPayroll and compliance officersAuditorsBusiness owners

Before you start: basic bookkeeping and an understanding of how a business records income and expenses are helpful, but no prior knowledge of the new tax laws is needed.

Try it before you buy

The first four lessons in Module 1 are free to watch.

Explain the 2025 tax reform and the key changes in the Nigeria Tax Act and the Nigeria Tax Administration Act.
Compute personal income tax and PAYE: work out chargeable income and tax payable using the new individual rates.
Apply VAT correctly, from taxable and zero-rated supplies to input VAT, reverse charge, time of supply and VAT payable.
Deduct and account for withholding tax under the WHT Regulations, including how it interacts with VAT.
Prepare a company income tax computation, adjusting profit for disallowable expenses and computing capital allowances.
File VAT and WHT returns on TaxPro Max and understand the offences, penalties and desk reviews that come with non-compliance.

Course Content

Module 1: Understanding the Nigeria Tax Act 2025 and Computing Personal Income Tax
You will be able to explain why Nigeria's tax laws were reformed and what the 2025 Acts change, work out an individual's chargeable income and compute personal income tax payable using the new rates.

1.1 Overview of the Nigeria Tax Act 2025

29:07
1.2 The Need for Tax Reform in Nigeria

01:04:20
1.3 Q&A: Withholding Tax, VAT, Exemptions and When to Charge Them

25:59
1.4 Ascertainment of Chargeable Income: Introduction

00:26
1.5 Q&A: Ascertainment of Chargeable Income

29:48
1.6 Individual Income Tax Rates with Illustrations

43:22
1.7 Personal Income Tax Computation: Illustration 1

27:13
1.8 Personal Income Tax Computation: Illustration 2

32:56
1.9 Q&A: Personal Income Tax Illustrations

50:50
1.10 Practice Question: Determining Tax Payable

23:38
1.11 Solution: Determining Tax Payable

16:49
Module 1 Quiz: The New Tax Act and Personal Income Tax

Module 2: Applying Personal Income Tax, PAYE and Withholding Tax
You will be able to apply personal income tax to employees and self-employed people, run PAYE, and calculate and account for withholding tax alongside VAT.

Module 3: Value Added Tax (VAT) Under the Nigeria Tax Act 2025
You will be able to decide when VAT applies, value taxable supplies, claim input VAT, apply the reverse charge and work out the VAT payable for a period.

3.1 VAT Overview

04:16
3.2 Introduction to VAT and How It Applies

22:38
3.3 Q&A: VAT Basics

19:48
3.4 VAT Threshold, Taxable Supplies and Exported Services

17:43
3.5 VAT Agents, VAT on Commission and VAT on Imports

08:04
3.6 Time of Supply

11:44
3.7 VAT on Discounts, Advertisements by Non-Residents and Remission by Enterprises

17:15
3.8 Value of Taxable Supplies, VAT Withholding, Input VAT and Reverse Charge

31:01
3.9 Conditions for Claiming Input VAT and VATable Products

39:46
3.10 Small Companies and VAT

02:40
3.11 Determining VAT Payable

23:14
3.12 Fiscalisation of Supplies for VAT

15:06
3.13 Exempt Supplies and Zero-Rated Supplies

56:02
Module 3 Quiz: Value Added Tax

Module 4: Tax Offences, Penalties, Tax Administration and Filing on TaxPro Max
You will be able to identify tax offences and penalties, understand desk reviews and investigations, and file VAT and WHT returns on TaxPro Max.

Module 5: Computing Company Income Tax and Capital Allowances
You will be able to adjust accounting profit for tax, separate allowable from disallowable expenses, compute capital allowances and prepare a full company income tax computation.

Module 6: Applying the Withholding Tax Regulations
You will be able to explain the legal framework for deducting tax at source and apply the 2024 Withholding Tax Regulations to real transactions.

Module 7: Final Assessment and Certification
Complete the final test and case study assessment to earn your certificate.

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About Course

What you will be able to do

Your learning journey

What you get

Who this course is for

What Will You Learn?

Course Content

Module 1: Understanding the Nigeria Tax Act 2025 and Computing Personal Income Tax You will be able to explain why Nigeria's tax laws were reformed and what the 2025 Acts change, work out an individual's chargeable income and compute personal income tax payable using the new rates.

1.1 Overview of the Nigeria Tax Act 2025

1.2 The Need for Tax Reform in Nigeria

1.3 Q&A: Withholding Tax, VAT, Exemptions and When to Charge Them

1.4 Ascertainment of Chargeable Income: Introduction

1.5 Q&A: Ascertainment of Chargeable Income

1.6 Individual Income Tax Rates with Illustrations

1.7 Personal Income Tax Computation: Illustration 1

1.8 Personal Income Tax Computation: Illustration 2

1.9 Q&A: Personal Income Tax Illustrations

1.10 Practice Question: Determining Tax Payable

1.11 Solution: Determining Tax Payable

Module 1 Quiz: The New Tax Act and Personal Income Tax

Module 2: Applying Personal Income Tax, PAYE and Withholding Tax You will be able to apply personal income tax to employees and self-employed people, run PAYE, and calculate and account for withholding tax alongside VAT.

2.1 Personal Income Tax and Taxation of the Self-Employed

2.2 Pay As You Earn (PAYE)

2.3 Withholding Tax: Key Principles

2.4 Relationship Between VAT and Withholding Tax

2.5 Practice Question: Withholding Tax

2.6 Solution: Withholding Tax

2.7 Q&A: Personal Income Tax, PAYE and Withholding Tax

Module 2 Quiz: PIT, PAYE and Withholding Tax

Module 3: Value Added Tax (VAT) Under the Nigeria Tax Act 2025 You will be able to decide when VAT applies, value taxable supplies, claim input VAT, apply the reverse charge and work out the VAT payable for a period.

3.1 VAT Overview

3.2 Introduction to VAT and How It Applies

3.3 Q&A: VAT Basics

3.4 VAT Threshold, Taxable Supplies and Exported Services

3.5 VAT Agents, VAT on Commission and VAT on Imports

3.6 Time of Supply

3.7 VAT on Discounts, Advertisements by Non-Residents and Remission by Enterprises

3.8 Value of Taxable Supplies, VAT Withholding, Input VAT and Reverse Charge

3.9 Conditions for Claiming Input VAT and VATable Products

3.10 Small Companies and VAT

3.11 Determining VAT Payable

3.12 Fiscalisation of Supplies for VAT

3.13 Exempt Supplies and Zero-Rated Supplies

Module 3 Quiz: Value Added Tax

Module 4: Tax Offences, Penalties, Tax Administration and Filing on TaxPro Max You will be able to identify tax offences and penalties, understand desk reviews and investigations, and file VAT and WHT returns on TaxPro Max.

4.1 Tax Offences and Penalties

4.2 Q&A: Offences, Penalties and Tax Compliance

4.3 Deferred VAT Liabilities, Desk Reviews, Tax Investigations and Tax Management

4.4 Demo: Filing VAT Returns on TaxPro Max

4.5 Demo: Filing WHT Returns on TaxPro Max

Module 4 Quiz: Penalties, Tax Administration and Filing

Module 5: Computing Company Income Tax and Capital Allowances You will be able to adjust accounting profit for tax, separate allowable from disallowable expenses, compute capital allowances and prepare a full company income tax computation.

5.1 Introduction to Company Income Tax (CIT)

5.2 Determining Adjusted Profit

5.3 Disallowable Expenses (Section 21)

5.4 Classifying Allowable and Disallowable Expenses

5.5 Company Income Tax Computation

5.6 Capital Allowance Computation

5.7 Capital Allowances and Fixed Asset Schedule Computation

Module 5 Quiz: Company Income Tax and Capital Allowances

Module 6: Applying the Withholding Tax Regulations You will be able to explain the legal framework for deducting tax at source and apply the 2024 Withholding Tax Regulations to real transactions.

6.1 Understanding Deduction of Tax at Source

6.2 Withholding Tax Illustration

6.3 The Legal Framework for Withholding Tax

6.4 The Withholding Tax Regulations in Detail

6.5 Q&A: Withholding Tax Regulations

Module 6 Quiz: Withholding Tax Regulations

Module 7: Final Assessment and Certification Complete the final test and case study assessment to earn your certificate.

Assessment