Free tool
VAT calculator for Nigeria
Add 7.5% VAT to a price, or take it out of an amount that already includes it. The working is printed under the result so you can check it. Nothing you type leaves your browser.
- Net (before VAT)
- ₦100,000.00
- VAT at 7.5%
- ₦7,500.00
- Total (with VAT)
- ₦107,500.00
₦100,000.00 × 0.075 = ₦7,500.00 VAT; ₦100,000.00 + ₦7,500.00 = ₦107,500.00
What the sum assumes
- The rate is 7.5%
- Nigerian VAT rose from 5% to 7.5% on 1 February 2020 and has not moved since. The calculator uses 7.5%; if the rate changes, the guide it is built from changes first.
- VAT is added, never carved out
- If you quote ₦100,000 and charge VAT, the customer owes ₦107,500. The ₦100,000 is yours. Treating the ₦100,000 as already containing VAT hands ₦6,976.74 of your own fee to the tax.
- Discounts come first
- VAT is charged on what the customer actually pays for the goods or service, so a discount comes off before VAT is worked out — never after.
- Only charge it if you are registered
- A business that is not registered for VAT does not add it. Charging VAT you cannot remit is a bigger problem than not charging it.