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Tax Compliance: Simple Accounting, Data Management, and Digital Record Keeping for SMEs.

INTRODUCTION
This training, Tax Compliance: Simple Accounting, Data Management and Digital Records Keeping for SMEs module organised by Technocrat Innovations Plus Ltd, is designed for Nigerian Small and Medium Enterprises (SMEs) navigating the Nigeria Tax Reform Act 2025, effective January 1, 2026. The reforms introduce exemptions for small companies with an annual gross turnover of ₦50 million or less and total fixed assets not exceeding ₦250 million, including from Companies Income Tax (CIT), Capital Gains Tax (CGT), withholding tax (WHT), and the 4% development levy. For Value Added Tax (VAT), a higher threshold of ₦100 million applies for exemptions from filing returns. However, according to the reforms, these benefits require verifiable records to prove eligibility and avoid penalties, addressing common SME challenges like weak record-keeping, lack of tax knowledge, complex procedures, bogus claims, cashflow issues, and inadequate digital systems.

TRAINING OBJECTIVES:
1. Equip SMEs with practical skills to maintain simple accounts, manage data, and use digital tools for compliance.
2. Help avoid penalties (e.g., ₦50,000-₦200,000 monthly for record failures or non-fiscalization) and qualify for exemptions.
3. Promote efficient systems to counter weak record-keeping threats to reforms and support growth without "growth traps."
4. Support digitisation of business processes and data management.

PAYMENT DETAILS
Account Name: Technocrat Innovations Plus Ltd
Account Number: 0450702364
Bank Name: GTBank
Narration: Payment for Digital Recording Keeping Training 2026

Register here: https://bit.ly/smedt2026