The Federal Government's new tax reform introduces major reliefs for women-led MSMEs, aiming to reduce multiple taxation, curb extortion, and promote business growth. Under the reform, small businesses and low-income employees will enjoy exemptions…  | By Abimbola Akomolafe on November 7, 2025 | The Federal Government's new tax reform introduces major reliefs for women-led MSMEs, aiming to reduce multiple taxation, curb extortion, and promote business growth. Under the reform, small businesses and low-income employees will enjoy exemptions from Corporate Income Tax, VAT, Withholding Tax, and PAYE, while larger enterprises benefit from tax harmonisation, reduced compliance costs, and wider input VAT credits. Read also, The initiative is designed to ease the financial burden on women entrepreneurs who dominate Nigeria's small business and informal sectors. The newly established Office of the Tax Ombud will also safeguard taxpayers' rights and ensure fair implementation of tax laws. | | | |
