Tax Audits in Nigeria
Educational overview only—not legal or tax advice. Verify requirements on official portals and with a qualified adviser.
A tax audit or compliance review is an examination of whether returns, payments, and documentation match the law. NRS audits federal heads; state IRS and FCT teams cover many personal and local obligations. Co-operate through official channels and keep advisers in the loop for large assessments.
What triggers attention
Common factors include sector risk, data mismatches, late filing patterns, and random programmes. A clean data trail is your best defence.
Records to have ready
Ledgers, bank reconciliations, VAT schedules, WHT certificates, payroll registers, and transfer-pricing files (if relevant). Digital exports should match signed PDFs.
If outcomes include penalties
Understand interest and penalty logic at a high level via Late filing & penalties overview and Tax deadlines & penalties; use formal objection windows where applicable.