Free tool
Nigeria VAT Calculator (7.5%)
Add 7.5% VAT to a price, or work out how much VAT is inside a VAT-inclusive amount — instantly and accurately to the kobo.
What this free tool can't do
In Finora, every invoice and expense tracks its own VAT — output VAT vs input VAT, netted for you automatically.
Track VAT automaticallyYour monthly VAT return prepares itself before the 21st deadline, with reminders so you never file late.
Prepare my returns for meA one-off calculation today; an audit trail the tax office accepts, every day — every kobo of VAT traceable to its transaction.
Keep an audit trail
Free trial. No card needed.
Frequently asked questions
What is the VAT rate in Nigeria?
The standard VAT rate in Nigeria is 7.5%, charged on most goods and services. Some items are zero-rated or exempt — including basic food items, medical products and services, educational books and materials, and exported goods.
How do I calculate 7.5% VAT on a price?
Multiply the net price by 0.075. For example, VAT on ₦100,000 is ₦7,500, making the total ₦107,500. Use the "Add VAT" mode above and the calculator does this instantly.
How do I remove VAT from a VAT-inclusive amount?
Divide the gross amount by 1.075 to get the net, then subtract to find the VAT. For example, a ₦107,500 VAT-inclusive amount contains ₦7,500 of VAT on a ₦100,000 net. The "Extract VAT" mode does this for you.
Who must register for and charge VAT in Nigeria?
Businesses with annual taxable turnover of ₦25 million or more must register for VAT, charge it on taxable supplies, and file monthly VAT returns by the 21st of the following month. Smaller businesses below the threshold are not required to charge VAT.
When are VAT returns due in Nigeria?
VAT returns are filed monthly, on or before the 21st day of the month following the month of the transaction. Late filing attracts penalties, which is why many businesses use accounting software that prepares the return automatically.
Keep reading
Creating an invoice with VAT? Use the free invoice generator →