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New tax law: SON Professional Services offers compliance lifeline to businesses

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SON Professional Services

SON Professional Services has announced a support framework to help Nigerian businesses comply with the country’s new tax law

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SON Professional Services, a Lagos-based accounting and corporate consulting firm, has announced a comprehensive support framework to help businesses navigate Nigeria’s new tax law.

Also read: Liam Rosenior Agrees to Become Chelsea Manager

The firm said the initiative will simplify regulatory interpretation, reduce compliance risks, and ensure uninterrupted operations amid ongoing tax reforms.

It noted that many organisations are adjusting to changes in tax administration and enforcement under the new legal framework.

SON Professional Services offers assurance and audit, accountancy, tax planning and management, training, and human resource development services.

According to the firm, its response to the new tax regime goes beyond routine compliance and focuses on strategic guidance aligned with business objectives.

The firm explained that it will interpret the new tax provisions into clear and practical terms, tailored to each client’s industry and structure.

This includes assessing the impact on company income tax, withholding tax, value added tax, reporting timelines, and documentation requirements.

SON Professional Services also plans to conduct tax health checks for existing clients to identify compliance gaps, exposure risks, and lawful tax optimisation opportunities.

The firm said the proactive assessments will help businesses avoid penalties, disputes, and operational disruptions.

To ensure continuity, the firm is offering end-to-end support, including updating accounting systems, restructuring tax processes, and training finance and management teams.

It added that ongoing advisory support will be provided as implementation challenges emerge.

According to the firm, its change management model helps business leaders anticipate regulatory shifts and build adaptive capabilities.

Industry observers say professional advisory services are becoming critical as tax reforms emphasise transparency, digital reporting, and enforcement.

They warn that businesses that fail to adapt quickly risk compliance breaches and financial strain.

SON Professional Services reaffirmed its commitment to helping Nigerian businesses remain compliant, competitive, and resilient as regulations evolve.

Also read: Nigerian Army Foils Kidnapping, Rescues Three in Taraba

For enquiries, the firm can be contacted via WhatsApp on 09034649088 or at its office on Obafemi Awolowo Way, Ikeja, Lagos.

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ISAT Group Rebrands, Partners Afro Mobile to Launch High-Speed Broadband Services in Nigeria by Q3 2026

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New identity signals bold expansion as landmark investment accelerates affordable, high-speed connectivity for millions of Nigerians.

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Nigeria’s digital economy is set for a major boost as ISAT Group unveiled a new corporate identity and announced a strategic alliance with Afro Mobile, ahead of its Q3 2026 commercial launch.

The partnership is underpinned by Afro Mobile’s acquisition of a 40% equity stake in ISAT Group and a US$3 billion financing package structured by Equiline Finance, positioning the alliance among the largest indigenous broadband investment initiatives in Nigeria’s telecommunications sector.

The rebranding marks ISAT Group’s evolution into a next-generation digital connectivity company focused on broadband, satellite communications and enterprise solutions. Together, the partners will expand affordable, high-speed internet access to homes, businesses, government institutions and underserved communities nationwide.

ISAT Group Chief Executive Officer, Dr. Adeyanju Binuyo, described the development as a transformational milestone.

“Our vision extends beyond connectivity. We are building the digital infrastructure that will power businesses, connect communities, stimulate innovation and accelerate Nigeria’s digital economy. This partnership demonstrates our commitment to making world-class broadband accessible to every Nigerian.”

Group Chairman, Mr. Ganiyou AFOLABI Moustapha, said the alliance reflects ISAT Group’s long-term confidence in Nigeria’s future.

“This investment is a strong vote of confidence in Nigeria’s digital economy. Together with Afro Mobile, we are building a resilient indigenous broadband platform that will create jobs, drive innovation and support inclusive national development.”

With operations commencing in Q3 2026, ISAT Group and Afro Mobile are poised to emerge as a leading indigenous broadband provider, delivering next-generation connectivity that will help bridge Nigeria’s digital divide and power the country’s next phase of economic growth.

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Airtel Africa Repurchases Over 7.7 Million Shares in Ongoing Buyback Programme

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Airtel Africa

Airtel Africa has repurchased over 7.7 million shares since May as part of its ongoing buyback programme aimed at reducing outstanding share capital (more…)

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UBA Foundation Drives Environmental Awareness with Tree Planting in Lagos Schools for WED 2026

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UBA Foundation

UBA Foundation tree planting initiative marks World Environment Day 2026 with sustainability drive across Lagos schools to promote climate action

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