Nigeria VAT rate na 7.5%, e no change for di 2026 tax reform.
If you wan find VAT for amount wey no include VAT, multiply am by 7.5% then add di result to di original amount to get di gross total. If you wan take VAT comot from amount wey don already include am, divide am by 1.075 to get di net amount, then minus di net from di gross to see di VAT portion.
Yes — change am to 'Inclusive' mode and TaxLane go take di net and VAT portion comot from di gross figure instead.
Yes — change am to 'Itemized invoice' mode make you add line items, each one get quantity and unit price, then you go see running net, VAT, and grand-total breakdown wey you fit save or export as PDF or CSV.
File your VAT return with di NRS (via Rev360) before di 21st of di month wey follow.
No be must, always. Under NTAA §22(4)/§147, small business — one wey im annual gross turnover no pass ₦50,000,000.00 and fixed assets value less than ₦250,000,000.00, no include professional services business — na VAT-exempt. Check your own status with di VAT calculator exemption checker for up.
No — basic food, medicine, education, exports, and some other categories na zero-rated or exempt under NTA 2025 §§186-187.
Yes, e free, no account dey needed. Di calculations dey run for your own phone or computer, dem no dey send am go any server.
No — na just guide, e no be tax advice.
E come from di Nigeria Tax Act 2025 — see full citations →
Not sure when you need to register for VAT and start charging it? Read the guide.