Tax Club, Bayero University, Kano

DIRECTORATE OF RESEARCH, TAX CLUB, BAYERO UNIVERSITY, KANO.

TAX TIP💫

TC/BUK/DR/04

Did you know?

Under the new Nigeria Tax Act 2025, VAT applies to more than just physical goods in a store!

If you purchase:
✅ Goods delivered in Nigeria
✅ Services consumed in Nigeria (even from a foreign provider)
✅ Digital content (software, streaming, online subscriptions)
✅ Intangible assets like intellectual property, or crypto assets
..you're likely engaged in a taxable supply.

The standard VAT rate remains 7.5%, and both you and your supplier have compliance obligations.

Relevant section:
Section 146

Know your tax rights and responsibilities. Stay informed. Stay compliant.

Brought to you by:
Directorate of Research, Tax Club, Bayero University, Kano.

🎓 JOIN THE TAX CLUB, BAYERO UNIVERSITY KANO (BUK)

Are you passionate about taxation, finance, leadership, and professional development? This is your opportunity to become part of a vibrant community dedicated to academic excellence, career growth, and professional networking.

✅ Registration Fee: ₦1,500

💳 Make payment to the account below:

Account Details:

2087459300
Kuda MfB
Yaqub Oyiza Umuhani

📩 After payment, kindly send your Receipt/Proof of Payment to the Chief Financial Officer via WhatsApp:

WhatsApp Number:

+234 813 457 7517

🔗 Upon confirmation of your payment, you will be provided with a registration link to complete your membership application.

⚠️ Important Notice:
*Only applicants whose payments have been successfully confirmed will be recognized as registered members of the Club. Furthermore, ONLY confirmed members will be added to the general platform, have their Certificate of Membership printed and officially presented during the Tax Club Transition Ceremony at the end of the session.

⏳2 Days left to complete your Companies Income Tax (CIT) filing.

Don’t wait until the deadline. File now to avoid avoidable penalties, stay fully compliant and keep your business on the right side of the law.

Early filing means peace of mind. Complete your CIT filing today.

💡 DID YOU KNOW? 💡

The Nigeria Tax Act, 2025 is here to protect you from multiple taxation! If you're a Nigerian resident earning income locally and abroad, you don't have to pay tax twice on the same income.

Make sure you claim your Double Taxation Relief under Sections 120, 121 & 122 of the Act. Knowledge is power!

To know more about Tax, we’re currently taking new members, please join the waiting group through the link below:

https://chat.whatsapp.com/HIqgoW9TGtaERFIG8NsY6l?s=sh&p=a&mlu=2&amv=2

Stay informed. Stay compliant.

📢 CALL FOR MEMBERSHIP – JOIN THE TAX CLUB, BAYERO UNIVERSITY KANO!

The Tax Club, Bayero University Kano is officially recruiting new members!
Don't just study—develop your skills, build your network, and prepare for your future.
Join the Tax Club today and become part of a community shaping the next generation of tax and finance professionals.
Your journey towards excellence starts here. Join the Tax Club today! 💚📈
Follow this link to join my WhatsApp group:

https://chat.whatsapp.com/HIqgoW9TGtaERFIG8NsY6l?s=sh&p=a&mlu=2&amv=2

TAX CLUB, BUK AT THE NATIONAL TAX AWARENESS PROGRAMME 2026

The Tax Club, Bayero University Kano, was honoured to participate in the National Tax Awareness Programme organized by the Chartered Institute of Taxation of Nigeria (CITN), Kano Branch, in collaboration with the Kano Internal Revenue Service (KIRS).

As part of the awareness campaign, members of the Club joined tax professionals and stakeholders in engaging traders and residents along the historic Sabon Gari axis and within the popular Sabon Gari Market on the importance of taxation, voluntary compliance, and the critical role taxes play in national and economic development.

The exercise also provided an opportunity to enlighten members of the public on the newly consolidated Nigerian Tax Act, 2025, and other recent developments in Nigeria's tax administration framework.

Our participation in this programme reflects the commitment of the Tax Club, BUK, to promoting tax literacy, civic responsibility, and preparing the next generation of tax professionals and advocates.

We sincerely appreciate the Chartered Institute of Taxation of Nigeria (CITN), Kano Branch, for the invitation and the opportunity to contribute to this impactful initiative. We look forward to more collaborations geared towards advancing tax awareness and education across our communities.