Add or extract Nigeria's standard 7.5% Value Added Tax (VAT) from invoice totals instantly.
VAT Computation
Configure values below to dynamically compute VAT portions.
Invoice Breakdown
Net Amount (Exclusive of VAT):₦0.00
VAT Portion (7.5%):₦0.00
Gross Total (Inclusive of VAT):₦0.00
What is VAT?
Value Added Tax (VAT) is a consumption tax charged on goods and services in Nigeria. The standard rate was updated to **7.5%** by the Finance Act.
Adding VAT: Used when pricing a service where tax is added on top of your base fee.
Extracting VAT: Used when a client pays a gross sum and you need to calculate the base value and tax portion retrospectively.
Automate Your Billing
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