Three Questions Every SME Owner Should Ask Their Accountant Right Now.
For many small and medium-sized enterprises in Nigeria, tax compliance can feel like a year-end exercise, until a rejected invoice, unreconciled withholding tax credit or missed filing deadline exposes a deeper problem.
With Nigeria’s 2026 tax reforms introducing changes to small-company tax treatment, electronic invoicing and tax administration, SMEs need to understand not only what has changed, but how the changes affect their businesses.
This article highlights three practical questions every Nigerian SME should consider before the final quarter closes: Does the business qualify for the Companies Income Tax exemption?
Is it prepared for electronic invoicing?
And what tax compliance gaps should be addressed before year-end?
Understanding these requirements early can help businesses avoid unnecessary risks, strengthen their records and approach filing season with greater confidence.