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Nigerian Tax Reform Pt 2 – How the New Tax Law Affects Individuals, Salary Earners, Freelancers & Digital Professionals One of the biggest questions Nigerians are asking right now is simple: “Under the new tax law, will I pay more tax — or less?” If you earn a salary… If you freelance or consult… If you earn income online or from foreign clients… This video is for you. Nigeria is now operating under a new tax system, and this reform has significantly changed how individual income is assessed and taxed. In this video, I explain exactly how the new tax law affects individuals, including salary earners, freelancers, consultants, self-employed professionals, and Nigerians earning income from abroad. What You’ll Learn in This Video • How Personal Income Tax now works under the new tax law • The ₦800,000 tax-free threshold and what it really means • How progressive tax bands are applied (not a flat rate) • What salary earners should expect under PAYE • How freelancers and consultants are taxed on net income, not gross • How foreign income and digital earnings are treated • Why many low- and middle-income earners are actually better off • Penalties for non-registration and non-compliance I’m Chinenye Nwali, a Finance Manager, Tax Consultant, and Personal Finance Coach. In Part 1 of this series, we explained why Nigeria’s tax system changed and what the reform introduced at a high level. This episode focuses on the practical impact on individuals. By the end of this video, you’ll clearly understand how your income is assessed, when tax becomes payable, and how to stay compliant without fear or confusion. What’s Next In the next video, I’ll break down how the new tax law affects: • Sole proprietors • Limited liability companies • SMEs • Online and digital businesses If you run a business in Nigeria, that next episode is essential. 👉 Like this video, subscribe to the channel, and turn on notifications so you don’t miss the next part of this series. nigerian tax reform, personal income tax nigeria, salary earners tax nigeria, freelancers tax nigeria, digital professionals tax, foreign income tax nigeria, paye nigeria, tax bands nigeria, tax education nigeria, personal finance nigeria, tax compliance nigeria, income tax nigeria #NigerianTaxReform #PersonalIncomeTax #SalaryEarnersNigeria #FreelancersNigeria #DigitalProfessionals #TaxNigeria #PersonalFinanceNigeria #TaxEducation