7 ways the new rent relief will cut your annual tax bill

    Chisom Micheal | TAX | Nov 12, 2025    
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Effective January 1, 2026, Nigeria’s new rent relief provision will allow tenants to reduce their annual tax bills by deducting a portion of their rent from taxable income. Introduced under the Nigeria Tax Act 2025, this initiative replaces older relief allowances with a more targeted measure aimed at easing the financial strain of housing costs for residents.

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