Tax Deductible Expenses in Nigeria: Complete List
Everything you can legally deduct to reduce your taxable income. Organized by category with documentation requirements.
The Golden Rule of Deductions
An expense is deductible if it is wholly, exclusively, and necessarily incurred for business purposes. Mixed-use items (personal + business) can only be partially deducted based on business usage percentage.
Laptop / Computer
Receipt, proof of business use
Smartphone (business)
Receipt, separate business line recommended
Camera / Recording equipment
Receipt, content creation proof
Microphone / Audio equipment
Receipt
Printer / Scanner
Receipt
External drives / Storage
Receipt
Office furniture (desk, chair)
Receipt
Personal phone (mixed use)
Business usage log
Documentation Best Practices
✓ Always Keep
- • Original receipts (digital copies OK)
- • Invoices with vendor details
- • Bank/card statements
- • Contracts for services
✓ For Mixed-Use Items
- • Usage logs (mileage, hours)
- • Business purpose notes
- • Calculation methodology
- • Consistent allocation percentage
Keep records for at least 6 years after the tax year ends. FIRS can audit previous years, so organized records are essential.
Frequently Asked Questions
Track Your Deductible Expenses
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