VAT in Nigeria 2026: 7.5% and the registration line
VAT is still 7.5% under NTA section 147. The registration threshold is the argument: public notes cite ₦50 million and ₦100 million. This guide will not pick a favourite. Professional services are often excluded from small-business relief either way.
Written by Accounting Software Africa editorial Reviewed by Accounting Software Africa editorial, Publisher editorial desk. Tax figures are cited to the Nigeria Tax Act 2025. Assign a named ICAN reviewer in this field before treating a page as a signed professional opinion.
Last updated 2 Sept 2026
What is the VAT rate in 2026?
7.5%. It has been 7.5% since the 2020 Finance Act. NTA s.147 restates it. Anyone quoting 148 as the rate has misread the Act.
Do I have to register?
That is the ₦50 million versus ₦100 million argument in 2026 commentary, plus professional-services exclusions. Our checker prints both. Your filing position needs a named adviser.
What must a VAT invoice show?
Supplier identity and TIN, unique invoice number, description, net, rate, VAT amount, gross. E-invoicing clearance, if it applies, is extra — see the e-invoicing guide.
VAT questions
Did VAT go up in 2026?
No. The rate is 7.5%.
Can QuickBooks file my VAT?
It can hold 7.5%. Filing is NRS. See the QuickBooks Nigeria profile.
Sources
- NTA 2025 2 Sept 2026
Next
- VAT calculator
7.5% split plus threshold notes.
- E-invoicing guide
Clearance is not the same as 7.5%.