READ THIS BEFORE JANUARY 1ST, 2026\u2026<\/p>\n
(Or you will pay for what you don\u2019t know)<\/p>\n
By Iking Ferry<\/p>\n
December 2025<\/p>\n
Let me break this down like I\u2019m talking to Mama Ngozi in the market<\/p>\n
<\/p>\n
THE NEW TAX RULES HAVE CHANGED THE GAME IN NIGERIA<\/p>\n
<\/p>\n
Next year, Nigeria will enter a more advanced tax system, one that the whole world is already using.<\/p>\n
<\/p>\n
This time\u2026<\/p>\n
<\/p>\n
No hiding.<\/p>\n
No stories.<\/p>\n
No escape route.<\/p>\n
<\/p>\n
As your Financial Literacy Advocate, let me tell you two major things coming:<\/p>\n
<\/p>\n
1: You Can Now Recover VAT – If You Know What You\u2019re Doing<\/p>\n
<\/p>\n
Before now:<\/p>\n
<\/p>\n
If your business bought supplies, paid for fuel, bought equipment<\/p>\n
<\/p>\n
The 7.5% VAT you paid was your loss.<\/p>\n
<\/p>\n
But from 2026:<\/p>\n
<\/p>\n
Any business that sells VAT-able goods or services can now claim back the VAT they paid on business purchases.<\/p>\n
<\/p>\n
Let me give you an Example<\/p>\n
<\/p>\n
Imagine:<\/p>\n
Mama Ngozi sells tomatoes and she also supplies small businesses.<\/p>\n
<\/p>\n
Before:<\/p>\n
She buys baskets, transport, packaging, and pays VAT everywhere.<\/p>\n
All loss.<\/p>\n
<\/p>\n
Now:<\/p>\n
If she charges VAT when selling,<\/p>\n
she can remove the VAT she already paid from the VAT she will remit.<\/p>\n
<\/p>\n
Meaning:<\/p>\n
<\/p>\n
You only pay VAT on your PROFIT side – not on everything you buy.<\/p>\n
<\/p>\n
That\u2019s more money staying in your business.<\/p>\n
<\/p>\n
But here\u2019s the condition:<\/p>\n
<\/p>\n
Your business must be correctly registered<\/p>\n
<\/p>\n
Your records must be clear<\/p>\n
<\/p>\n
Your product\/service must be VAT-able<\/p>\n
<\/p>\n
You must charge VAT properly<\/p>\n
<\/p>\n
If not, you cannot claim anything.<\/p>\n
<\/p>\n
2: E-INVOICING + VAT FISCALISATION = NO WHERE TO HIDE<\/p>\n
<\/p>\n
Please read this twice:<\/p>\n
<\/p>\n
Me self know say, you know understand the grammar \ud83d\ude02.<\/p>\n
<\/p>\n
Oya relax…<\/p>\n
<\/p>\n
Let me explain<\/p>\n
<\/p>\n
The new Tax Policy is now saying that Every company in Nigeria must now use the Government e-Invoicing System.<\/p>\n
<\/p>\n
Meaning:<\/p>\n
<\/p>\n
Every sale<\/p>\n
Every invoice<\/p>\n
Every VAT charge<\/p>\n
Every money you collect<\/p>\n
<\/p>\n
will show on government dashboard automatically.<\/p>\n
<\/p>\n
No more:<\/p>\n
<\/p>\n
\u201cI sell am quietly\u201d<\/p>\n
\u201cCash only\u201d<\/p>\n
\u201cGovernment no go know\u201d<\/p>\n
<\/p>\n
Omo\u2026 dem go know.<\/p>\n
<\/p>\n
Even your POS money go show\u2026<\/p>\n
Your online sales go show\u2026<\/p>\n
Your business will be transparent like pure water.<\/p>\n
<\/p>\n
Nigeria is now joining the digital tax world:<\/p>\n
<\/p>\n
Kenya don do am<\/p>\n
Rwanda don do am<\/p>\n
South Africa don do am<\/p>\n
<\/p>\n
Now it\u2019s our turn.<\/p>\n
<\/p>\n
As your Financial Literacy Advocate, let me me tell you What Businesses Must Do Now<\/p>\n
<\/p>\n
If you run:<\/p>\n
<\/p>\n
POS business<\/p>\n
Restaurant<\/p>\n
Supermarket<\/p>\n
Shop<\/p>\n
Construction<\/p>\n
Fashion brand<\/p>\n
Hair salon<\/p>\n
Logistics<\/p>\n
Any business that collects money\u2026<\/p>\n
<\/p>\n
Please listen carefully:<\/p>\n
<\/p>\n
You must:<\/p>\n
<\/p>\n
1: Register your business (No more operating on personal name) no be Business name oooh, I mean Ltd.<\/p>\n
<\/p>\n
2: Get TIN (tax ID)<\/p>\n
<\/p>\n
3: Use the digital invoicing system<\/p>\n
<\/p>\n
4: Keep proper records<\/p>\n
<\/p>\n
5: Learn how to calculate VAT and input VAT<\/p>\n
<\/p>\n
Nobody will pity ignorance in 2026.<\/p>\n
<\/p>\n
I know a lot of questions are going through your mind right now….<\/p>\n
<\/p>\n
IKING WHY DOES THIS MATTER?<\/p>\n
<\/p>\n
Yes oooh.<\/p>\n
<\/p>\n
But let me explain.<\/p>\n
<\/p>\n
Before now, government was losing trillions because businesses were not declaring sales.<\/p>\n
<\/p>\n
Now?<\/p>\n
<\/p>\n
System will declare it for you.<\/p>\n
You can\u2019t dodge what computer has already recorded.<\/p>\n
<\/p>\n
This is not to punish businesses.<\/p>\n
<\/p>\n
It is to:<\/p>\n
<\/p>\n
Stop tax cheats<\/p>\n
Build trust<\/p>\n
Increase government revenue<\/p>\n
Strengthen the economy<\/p>\n
<\/p>\n
But ONLY smart business owners will benefit.<\/p>\n
<\/p>\n
Those who learn fast will rise.<\/p>\n
Those who ignore will cry.<\/p>\n
<\/p>\n
JUST ACCEPT THE NEW REALITY<\/p>\n
<\/p>\n
The world has changed.<\/p>\n
<\/p>\n
Whether you like tax or not\u2026<\/p>\n
you will be part of the system.<\/p>\n
<\/p>\n
Better to learn it now\u2026<\/p>\n
than pay for ignorance later.<\/p>\n
<\/p>\n
If you want me to break down:<\/p>\n
<\/p>\n
How to charge VAT<\/p>\n
How to recover VAT<\/p>\n
Which businesses must pay VAT<\/p>\n
How to register properly<\/p>\n
Your exact tax responsibilities<\/p>\n
<\/p>\n
Or Even how to Calculate your Tax<\/p>\n
<\/p>\n
Just comment:<\/p>\n
<\/p>\n
\u201cIking help me before January 2026\u201d<\/p>\n
<\/p>\n
I will reply you personally, or use it to Create another post.<\/p>\n
<\/p>\n
Knowledge is cheaper than ignorance.<\/p>\n
Protect your business now.<\/p>\n
<\/p>\n
I am Iking Ferry,<\/p>\n
Your Financial Literacy Advocate<\/p>\n
Teaching what schools will NEVER teach you, apart from Pulseford Business School<\/p>\n
<\/p>\n
On a Mission to build Fokona From Zero Capital to a Billion Naira Company Publicly.<\/p>\n","protected":false},"excerpt":{"rendered":"
READ THIS BEFORE JANUARY 1ST, 2026\u2026 (Or you will pay for what you don\u2019t know) By Iking Ferry December 2025 Let me break this down like I\u2019m talking to Mama Ngozi in the market THE NEW TAX RULES HAVE CHANGED THE GAME IN NIGERIA Next year, Nigeria will enter a more advanced tax […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9295","post","type-post","status-publish","format-standard","hentry","category-builder"],"_links":{"self":[{"href":"https:\/\/kadasmeshub.ng\/index.php?rest_route=\/wp\/v2\/posts\/9295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kadasmeshub.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kadasmeshub.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kadasmeshub.ng\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kadasmeshub.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9295"}],"version-history":[{"count":1,"href":"https:\/\/kadasmeshub.ng\/index.php?rest_route=\/wp\/v2\/posts\/9295\/revisions"}],"predecessor-version":[{"id":9296,"href":"https:\/\/kadasmeshub.ng\/index.php?rest_route=\/wp\/v2\/posts\/9295\/revisions\/9296"}],"wp:attachment":[{"href":"https:\/\/kadasmeshub.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kadasmeshub.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kadasmeshub.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}