Add or remove VAT at Nigeria's standard rate of 7.5%. Pre-set to NGN — switch modes to work forwards from a net price or backwards from a VAT-inclusive total.
₦20,000.00 × 1.075 = ₦21,500.00
Adding 7.5% VAT to a phone case priced at ₦20,000.00 (net) gives ₦21,500.00 gross — that's ₦1,500.00 of VAT.
₦8,000.00 ÷ 1.075 = ₦7,441.86
Removing 7.5% VAT from a jollof feast marked ₦8,000.00 (gross) leaves ₦7,441.86 net — the VAT portion is ₦558.14.
| Rate | Applies to |
|---|---|
| 7.5% standard | Most goods and services |
| 0% | Exempt basic food, medical & pharmaceutical products, books, tuition |
Businesses in Nigeria generally must register for VAT once taxable turnover reaches ₦25,000,000 annual turnover. VAT registration and returns are administered by Federal Inland Revenue Service (FIRS).
The standard VAT rate in Nigeria is 7.5%. Reduced rates of 0% apply to items such as exempt basic food, medical & pharmaceutical products, books, tuition. (Rates as of 2026-07-13.)
Divide the VAT-inclusive price by 1.075 (that is, 1 + 7.5%). Removing 7.5% VAT from a jollof feast marked ₦8,000.00 (gross) leaves ₦7,441.86 net — the VAT portion is ₦558.14.
Multiply the net price by 1.075. Adding 7.5% VAT to a phone case priced at ₦20,000.00 (net) gives ₦21,500.00 gross — that's ₦1,500.00 of VAT.
You must register for VAT in Nigeria once your taxable turnover reaches ₦25,000,000 annual turnover. Registration is handled by Federal Inland Revenue Service (FIRS).
Rates and thresholds shown as of 2026-07-13. Tax rules change — confirm current figures with Federal Inland Revenue Service (FIRS) before relying on them.