TMB Consulting

🚨 🚨 TAKE YOUR BUSINESS GLOBAL!!

It's Wednesday again, and what's a better time to take your business on a global scale other than now?

Do you know you can register your company in the US or UK even while in Nigeria?

Yes, you read right! 💃 💃 And that way, you get to:

✅ Build international trust
✅ Access global payment gateways (Stripe, PayPal, etc.)
✅ Protect your brand & attract investors
✅ Expand beyond borders

Tell us, who doesn't love this sound of that? 🤭

Let's help put your business on the MAP without stress or confusion, as you're aware that we're more than capable and very professional when it comes to handling anything registrations.

So what are you waiting for? Let's get you started on your global success journey today!

📌 2026 PROPOSED TAX LAW: WHAT EVERY SME OWNER MUST UNDERSTAND (VERY IMPORTANT)

The 2026 tax reforms may have begun without your knowledge, and one mistake we keep seeing among SMEs is this assumption: “My business is exempt from tax, so I’m safe.”

This thinking will cost that your business money. So let’s clarify this properly.

❌Tax will no longer be based on what you “estimate.”
✅ It will be based on what you can prove with records.

NOW HERE'S WHY GUESSWORK IS DANGEROUS FOR SMEs
Many SME owners say:
“I didn’t make profit”
“The money went back into the business”
“It’s just small money”

But without records, tax authorities may:
Assume income from bank inflows
Reject undocumented expenses
Treat owner withdrawals as taxable income
Tax profits you did not actually make

📌 In tax, what is not recorded is assumed to be profit.

COMPANY TAX EXEMPTION DOES NOT SAVE YOU FROM POOR RECORDS
Even if your business qualifies as a small company and is exempt from company income tax:
❌ Salaries
❌ Director payments
❌ Payroll obligations
❌ Personal income tax
…are still assessed based on documentation, not explanations.
No records = assumptions.
Assumptions = higher tax.

WHAT YOU AS A BUSINESS OWNER MUST DO IMMEDIATELY
✔ Stop filing returns based on memory
✔ Separate personal and business accounts
✔ Record salaries, drawings, and expenses properly
✔ Keep payroll records — even if you’re the only staff
✔ Track profits, not guesses

If you’re an SME owner and you’re:
Still “estimating” figures
Unsure what income is taxable
Keeping money in one account, and you're really preparing for the 2026 reforms - Now is the best time to fix it!

Send a DM or book a records & tax review before assumptions turn into penalties.

Smart businesses don’t guess. They document.

Pro Tip: If your business generates a profit of more than N800,000 annually, this is the best time to upgrade from a business name to a limited liability company.

Don't forget to like, save and share this post with business owners you know may need this or are/aren't keeping proper records.

FinancialLiteracyNigeria

🚨 🚨 COPYCATS AREN'T RESTING, YOU SHOULDN'T TOO!

One of the saddest truths of a creative world is that copycats never rest. Now here's the good news - you don’t have to live in fear of imitation. The moment you create something original, it already carries value. Copyright helps you protect that value.

Think of copyright as your voice in the legal world as it tells everyone “this work belongs to me.” It ensures that your ideas, your art, your content, or your craft can’t be used or claimed without your permission.

Protecting your creativity isn’t just about law; it’s about respect. It’s about recognising that what you’ve built deserves recognition, protection, and reward. Every serious creator deserves that peace of mind.

Copyright is your shield, use it.
Take that bold step today. Secure your work, secure your legacy.
Don’t wait till someone steals your shine.

Send us a DM now to protect what’s yours. Remember, copycats are never resting!

Copyright Registration - N63,000 (intellectual property)
Trademark Registration - N65,000 (for persons or businesses)

📌

✨ HAPPY NEW YEAR! ✨💃 💃 🎉 🎊 🥳

As a new year unfolds, we pause with a grateful heart for you.
Thank you for the trust, support, and confidence you placed in us through the past year.

May this new year meet you with peace in your mind, clarity in your decisions, and favor in all that concerns you.

May your efforts be rewarded, your plans be established, and your days be guided by wisdom and grace.

We pray that 2026 brings you ease where there was pressure, light where there was uncertainty, and steady progress in all you set out to do.
It is an honour to serve you.

We look forward to walking this new year with you.

WELCOME TO 2026!!

With gratitude and warm regards,
TMB Consulting. ❤️

Call now to connect with business.

❤️❤️❤️ GRATITUDE!!

2025 has indeed been a journey, one that was beautiful because you were all a part of it.

We're grateful for every moment we spent together, every one of those milestones we reached together.

To those who have patronised us, referred us, partnered with us, liked, saved, and shared our posts, thank you all for a beautiful 2025; you are the real MVPs.

Here's hoping 2026 brings bigger blessings, and that we make better memories together!

Thank you once again!

With love,
Rhoda, for TMB. ❤️

May joy and love fill your heart this season. Merry Christmas beautiful people!! 🎄🎄🤶 💃💃 ❤️❤️

Are you running your business with a proper structure or just running it as it comes?

🚨 YOU SHOULD READ THIS IF YOU'RE REGISTERED AS A COMPANY WITH CAC AS IT SIMPLIFIES THE SLIDES BELOW!

For those who may not enjoy reading much (tho we think you should 🌚) is that from the 1st of January, if your business is registered as a company with CAC, you won't be taxed the same way as a person whose business is registered as a business name.

Which also means that if you're registered as a business name, once your profit is up to N800,000 at the end of the year, you'll be charged tax, but if you're registered as a company, your business needs to make N100m before you'll be taxed.

This is the reason you should register that your business as a company, and if you're registered as a business name already, there's a process of upgrade where you now become a registered company.

Now that you have the right information, what's stopping you from registering as a company? 🌚

As chartered accountants, we're always here to guide you every step of the way.

You should wait, you should send that DM now!

📌📌

PS. If you're interested in how much tax you'll pay because you're registered as a business name, kindly look through our previous posts.

We hope it's not too late to welcome you all to December..

We hope it's one that brings you goodness, joy and most importantly peace amidst all the troubles.

Have a merry month! 🥂 ❤️

CAC vs SMEDAN – Stop Scrolling through 🚨 Before You Get It Wrong!

Every other week, we meet business owners crying because someone else legally stole their business name…
And guess what?
They were holding a SMEDAN certificate thinking they were safe. Sad right?

Now, here's the truth nobody tells you, and you should hear it LOUD and CLEAR:

🚫 SMEDAN does NOT secure your business name.
🚫 SMEDAN cannot stop anyone from using your name.
🚫 SMEDAN is NOT a registration body.

Only CAC has that power.
Only CAC checks if your name is free.
Only CAC gives you legal ownership.
Only CAC protects your brand from being hijacked.

So if you only have a SMEDAN number and someone else registers your name with CAC, they legally become the owner.
They don’t have to beg you.
They don’t have to warn you.
They simply become the owner.
And you? You’ll be forced to change everything you’ve built; logo, brand, social media, packaging… EVERYTHING. 💔

Yes, it’s that serious. This is why we always say:
Secure it before you promote it. Register it before someone claims it.

If you’re promoting a name that’s not yet registered…
You’re playing with FIRE.

Let's help you secure your business the right way:
✔ CAC Registration (Business Name, Company & NGO)
✔ TIN
✔ CAC Corrections
✔ SMEDAN Registration
✔ Business Documentation

Don't wait for heartbreak. Send us a DM NOW!
Before someone else turns your dream into their property.

Business Name Registration (with free FIRS TIN) - N40,000
Company REGISTRATION (with free FIRS TIN) - N70,000
NGO Registration (with free FIRS TIN) - N155,000
SCUML Certificate - N55,000
Trademark Registration - N65,000
Copyright Registration - N63,000
Export License - N52,000
SMEDAN Certificate - N5,000
JTB TIN - N5,000
FIRS TIN - BN - N6,800, RC - N7,000
TAXPROMAX - Depends on the state the business is registered
NAFDAC Registration - Depends on the product line.