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SepAs Nigeria rolls out sweeping tax reforms under the newly gazetted Nigeria Tax Act, one of the most significant changes affecting the rental market is the rent relief provision. Beginning in 2026, tenants will be able to deduct 20% of their annual rent from their taxable income—capped at ₦500,000—provided certain conditions are met. This is a big win especially for low to middle-income earners who rent homes. In this post, we’ll break down what the rent relief is, who qualifies,...
