7.5% VAT Rate
Nigerian VAT Calculator
Add or remove VAT from any amount instantly
VAT Calculator
Enter the net amount (before VAT)
₦
Input VAT vs Output VAT
Output VAT
VAT you charge customers on your sales. This is collected on behalf of FIRS.
Example: You sell ₦100,000 service + ₦7,500 VAT
Input VAT
VAT you pay on business purchases. This is deductible from your Output VAT.
Example: You buy ₦50,000 supplies + ₦3,750 VAT
Net VAT to Remit: Output VAT - Input VAT = Amount due to FIRS
If Input VAT exceeds Output VAT, you can carry the credit forward or claim a refund.
VAT Registration Threshold
Current Threshold: Businesses with annual turnover exceeding ₦50 million must register for VAT.
VAT registration is mandatory if you:
- Have annual turnover above ₦50 million
- Supply taxable goods or services
- Import goods into Nigeria
Frequently Asked Questions
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