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VAT Guides

Value Added Tax compliance and returns

10 articles in VAT

VATbeginner

How Finora Automates Your VAT Compliance: Complete Feature Guide

Discover how Finora automates every aspect of Nigerian VAT compliance—from automatic calculations and invoice generation to NRS-ready returns and audit preparation.

8 min21 Jan 2025
VATadvanced

VAT Audit by NRS: Complete Preparation Checklist

Prepare for a VAT audit by NRS (Formerly FIRS) with this comprehensive checklist. Learn what auditors look for, required documents, common issues, and how to avoid penalties.

12 min20 Jan 2025
VATintermediate

E-commerce VAT Rules in Nigeria: A Guide for Online Sellers

Complete guide to VAT for Nigerian e-commerce businesses, covering online sales, marketplace obligations, digital products, and how to stay compliant with NRS regulations.

11 min19 Jan 2025
VATadvanced

VAT Reverse Charge Mechanism in Nigeria: Complete Guide

Understand the VAT reverse charge mechanism in Nigeria for imported services. Learn when it applies, how to calculate and report it, and avoid common compliance errors.

10 min18 Jan 2025
VATintermediate

VAT on Services in Nigeria: What Every Business Must Know

Comprehensive guide to VAT on services in Nigeria, including which services are taxable, exempt services, imported services, and how to charge and remit VAT correctly.

9 min17 Jan 2025
VATintermediate

Zero-Rated vs Exempt Supplies in Nigeria: Understanding the Difference

Learn the crucial difference between zero-rated and exempt supplies for VAT purposes in Nigeria. Understand how each affects your input VAT claims and tax obligations.

10 min16 Jan 2025
VATbeginner

VAT Registration Threshold in Nigeria: The ₦25 Million Rule Explained

Learn about Nigeria's VAT registration threshold of ₦25 million annual turnover, who must register, exemptions, and how Finora automates your VAT compliance.

10 min15 Jan 2025
VATbeginner

How to File VAT Returns in Nigeria: Complete Step-by-Step Guide

A comprehensive guide to filing VAT returns in Nigeria, including deadlines, required documents, online filing process, and how Finora automates the entire process.

12 min14 Jan 2025
VATintermediate

VAT Input vs Output: Understanding and Claiming Your Credits in Nigeria

Learn the difference between input VAT and output VAT in Nigeria, how to claim VAT credits, eligibility rules, and how Finora tracks your VAT position automatically.

11 min13 Jan 2025
VATbeginner

Late VAT Filing Penalties in Nigeria: What You'll Pay and How to Avoid Them

Understand the penalties for late VAT filing in Nigeria, including fines, interest rates, and practical strategies to avoid them. Learn how Finora keeps you compliant.

8 min12 Jan 2025

Automate Your VAT Compliance

Stop spending hours on manual vat calculations. Finora automates the entire process and keeps you compliant with NRS (Formerly FIRS) regulations.

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