01/01/2026
Let me show you How Some Nigerians Will Pay ZERO Tax in 2026
Not by cheating, but by STRUCTURE.
Read this before you overpay again.
If you think tax exemption is only for big men,
sit down.
As your Financial Literacy Advocate, let me say this clearly:
Some of the biggest tax reliefs in Nigeria
are designed for ordinary people and small businesses.
You can only Spot this, when you read the New Tax Policy with Open Heart.
Let me explain this with a Simple English in a way that even Mama Ngozi that sells tomatoes, at Fokona Village will understand
my previous Post, I showed you how personal income tax works
and how someone earning ₦1.5 million can legally pay ZERO tax.
Today, let me show you WHY government itself created exemptions
that smart people are already using.
And how you too can benefit from it.
1: PENSION & GRATUITY IS FULLY TAX EXEMPT
Oya...
Mama Ngozi, listen carefully.
Every month, if you contribute money to pension like I said in my last post.
that money does not sleep.
It is invested in:
• Treasury Bills
• Money Market Funds
• Low-risk investments
So when you retire, the money they will pay you is:
More than what you contributed
Now here is the sweet part
When they finally pay you:
• Pension
• Gratuity
• Retirement benefits
Government will NOT tax you.
Even if it is: ₦5 million
₦10 million
₦100 million
ZERO tax.
That is government telling you:
“Plan your future, we won’t punish you.”
That's one of the huge benefits and reasons to plan for your retirement
2: COMPENSATION FOR LOSS OF JOB, UP TO ₦50 MILLION IS TAX-FREE
Cam down let me explain.
If Mama Ngozi’s son loses his job
and the company compensates him:
That money is tax-free up to ₦50 million.
Meaning:
Government understands that job loss is pain,
so they don’t add tax pain on top.
3: CAPITAL GAINS TAX - MANY THINGS ARE EXEMPT
This one go shock many people.
A: SELL YOUR PERSONAL HOUSE?
If you sell the house you live in,
No tax.
Government says:
“You’re not a property dealer. You’re just living.”
B: PERSONAL EFFECTS (TV, Furniture, Appliances)
If you sell your personal belongings
worth up to ₦5 million:
No tax.
C: SELL UP TO TWO CARS IN A YEAR (Private car ooh)
If Mama Ngozi sells:
• One car
• Or two of her cars in a year
No tax.
Why?
Because government knows you’re not a car dealer.
But... If the car Pass two, Ahhh, Government you must pay Tax ooh, because for you to sell More than Two Cars in a Year, this one no be Personal car Again oooh, Na Coscharis Dealer you be.
4: SHARES & INVESTMENTS - THIS ONE IS VERY IMPORTANT
A: Gains on Shares BELOW ₦150 Million
If your total share value is below ₦150m
and your gain is reasonable like ₦10m:
No capital gains tax.
B: Gains on Shares, BUT REINVESTED
As a Capital Market Investor, I have Explained this part Clearly to all my Mentees.
Because this is where smart investors smile.
Let me give you Example:
Let's say You buy shares worth ₦300m
You sell and make ₦100m profit or more.
If you:
• Reinvest that money into other shares
ZERO tax on the gain.
Government is saying:
“Keep your money in the capital market. Grow the economy.”
That’s why I keep shouting INVESTMENT.
5: NGOs, CHARITIES & RELIGIOUS BODIES
Churches.
Mosques.
NGOs.
If they are non-commercial:
No tax.
Non-Commecial means they are not doing business at all.
I hope you understand sha?
Let me very honest.
If you still think: “Government wants to kill us with tax”
You have not read the law.
The law is actually saying:
• Grow
• Invest
• Plan
• Structure yourself
And we will reward you with reliefs and exemptions.
That is how some people will legally pay ZERO tax in 2026.
Next Class:
I will show you Some Businesses that will Pay Zero Tax, even if you make 1 Billion Naira in a year.
using real Nigerian examples.
No fear.
No grammar.
No intimidation.
I am Iking Ferry
Your Financial Literacy Advocate
Founder, Pulseford Business School
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