Nigeria Tax Administration Act, 2025 · s.24–s.30
Other returns the Act creates
Surcharge, virtual assets, priority companies, incentives, bank information and tax-planning disclosure.
Who this lands on: Businesses in the named categories; most small businesses meet none of these.
Returns of surcharge (s.24) and returns by virtual asset service providers (s.25) each run on their own rules.
Priority companies (s.26) and companies claiming tax incentives (s.27) file returns tied to those benefits.
Banks, insurers, stockbrokers and other financial institutions file quarterly returns naming new customers, and existing customers whose transactions total ₦25 million a month for an individual or ₦100 million a month for a company (s.29).
Anyone entering a transaction whose main purpose is a tax benefit must disclose it (s.30).