Modern VAT Calculator
Want to calculate Nigeria’s VAT? With our free VAT Calculator Nigeria tool, you can easily add or remove VAT from the product’s price. Our VAT calculator not only saves your time but also excludes the chances of any error.
VAT Rates in Nigeria
Currently, the standard VAT rate in Nigeria is 7.5%, applied to most of the products and services. However, some services are subjected to 0% VAT or exempt VAT. These products are machinery, medical services, Books, newspapers, and basic food items.
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Nigeria VAT History
| Year | VAT Rate |
|---|---|
| 1993 | 5 |
| 2007 | 10 |
| 2008 | 5 |
| 2019 | 7.5 |