The new tax system is scheduled to go live on January 1, 2026. This follows an anticipated signing of the bill into law in June 2025. Businesses should use the six-month period from June 2025 to January 2026 as a crucial window for preparation. For instance, smart companies are already following the lead of “Company X” in Lagos, which is currently upgrading its ERP systems to be compliant with new requirements like mandatory e-invoicing.
