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.
A return of surcharge is due on or before the 21st day of the month after the one it covers (s.24). Returns by virtual asset service providers (s.25) 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 prepare an annual return naming new customers, and existing customers whose monthly transactions total ₦50,000,000 or more for an individual or ₦250,000,000 or more for a body corporate (s.29).
Anyone entering a transaction whose main purpose is a tax benefit must disclose it (s.30).