You need to correct one key misunderstanding first: π VAT in Nigeria is NOT filed yearly. π It is filed monthly, and the deadline is the 21st of the next month. So: January VAT β due 21st February February VAT β due 21st March etc. The 31st March deadline you saw is NOT for VATβitβs for things like:Read more
You need to correct one key misunderstanding first:
π VAT in Nigeria is NOT filed yearly.
π It is filed monthly, and the deadline is the 21st of the next month.
So:
January VAT β due 21st February
February VAT β due 21st March
etc.
The 31st March deadline you saw is NOT for VATβitβs for things like:
Company Income Tax (CIT)
Annual Returns (CAC)
1. Who Must File VAT
You must file VAT if:
You run a registered business (individual or company)
You sell goods/services subject to VAT (7.5%)
Even if: π You made no sales, you must still file βNIL returnβ
2. What You Should Do Right Now (2024 & 2025 Backlog)
Since you havenβt filed:
π You likely have outstanding monthly VAT returns
For example:
2024 β 12 months
2025 β Jan till now
3. Step-by-Step: How to File VAT in Nigeria
You file through the tax authority:
π Federal Inland Revenue Service
Step 1: Get Your TIN
You need:
Tax Identification Number (TIN)
If you donβt have one:
Register via FIRS or CAC
Step 2: Access the Filing Portal
Use: π TaxPro Max
This is the official system for VAT filing.
Step 3: Prepare Your Records
For each month, calculate:
Output VAT (what you charged customers)
7.5% of your sales
Input VAT (what you paid on purchases)
VAT on expenses
VAT Payable:
π Output VAT β Input VAT
Step 4: File Monthly Returns
On TaxPro Max:
Select month (e.g., Jan 2024)
Enter:
Sales
VAT collected
VAT paid
Submit return
Step 5: Pay (If Applicable)
If VAT is payable:
Generate payment reference
Pay via bank or online
4. Penalties You May Face
Since you didnβt file on time:
Late Filing Penalty:
β¦50,000 (first month)
β¦25,000 for each additional month
Late Payment:
Interest + penalties
5. What If You Didnβt Do Any Business?
Very important:
π You STILL must file
Just file:
NIL VAT return
This avoids penalties.
6. Best Practical Approach (Since Youβre a Beginner)
Donβt try to fix everything blindly.
Option A (Recommended)
π Meet a tax consultant/accountant
They will:
Compute your backlog
File correctly
Reduce errors/penalties
Option B (Do It Yourself β Carefully)
Start with:
2025 (current year)
Then go back to 2024
7. Simple Example
If in January:
Sales = β¦500,000
VAT (7.5%) = β¦37,500
Expenses VAT = β¦10,000
π Pay: β¦37,500 β β¦10,000 = β¦27,500
8. Critical Advice (Donβt Ignore This)
Donβt guess figures
Donβt skip months
Donβt ignore penalties (they accumulate)
π The earlier you regularize, the cheaper it is.
Bottom Line
VAT is monthly, not yearly
You likely have multiple unfiled months
Use TaxPro Max to file
Consider a professional to clean it up
letβs do this practically and clearly, as if weβre filing one real month together on the FIRS system.
Weβll use a simple example so you can follow and repeat for other months.
β What We Are Doing
We will file one month VAT return using:
π TaxPro Max
From: Federal Inland Revenue Service
π§Ύ Step 0: Gather Your Numbers (Before Logging In)
You need 3 things for that month:
1. Total Sales (Revenue)
Example:
β¦500,000
2. Output VAT (VAT you charged customers)
π 7.5% of sales
= β¦37,500
3. Input VAT (VAT you paid on expenses)
Example:
β¦10,000
π» Step 1: Log Into TaxPro Max
Go to TaxPro Max portal
Enter:
TIN
Password
π If you donβt have login yet, tell meβIβll guide you.
How Do I File VAT Returns in Nigeria for 2024 and 2025 as a Small Business Owner?
You need to correct one key misunderstanding first: π VAT in Nigeria is NOT filed yearly. π It is filed monthly, and the deadline is the 21st of the next month. So: January VAT β due 21st February February VAT β due 21st March etc. The 31st March deadline you saw is NOT for VATβitβs for things like:Read more
You need to correct one key misunderstanding first:
π VAT in Nigeria is NOT filed yearly.
π It is filed monthly, and the deadline is the 21st of the next month.
So:
January VAT β due 21st February
February VAT β due 21st March
etc.
The 31st March deadline you saw is NOT for VATβitβs for things like:
Company Income Tax (CIT)
Annual Returns (CAC)
1. Who Must File VAT
You must file VAT if:
You run a registered business (individual or company)
You sell goods/services subject to VAT (7.5%)
Even if: π You made no sales, you must still file βNIL returnβ
2. What You Should Do Right Now (2024 & 2025 Backlog)
Since you havenβt filed:
π You likely have outstanding monthly VAT returns
For example:
2024 β 12 months
2025 β Jan till now
3. Step-by-Step: How to File VAT in Nigeria
You file through the tax authority:
π Federal Inland Revenue Service
Step 1: Get Your TIN
You need:
Tax Identification Number (TIN)
If you donβt have one:
Register via FIRS or CAC
Step 2: Access the Filing Portal
Use: π TaxPro Max
This is the official system for VAT filing.
Step 3: Prepare Your Records
For each month, calculate:
Output VAT (what you charged customers)
7.5% of your sales
Input VAT (what you paid on purchases)
VAT on expenses
VAT Payable:
π Output VAT β Input VAT
Step 4: File Monthly Returns
On TaxPro Max:
Select month (e.g., Jan 2024)
Enter:
Sales
VAT collected
VAT paid
Submit return
Step 5: Pay (If Applicable)
If VAT is payable:
Generate payment reference
Pay via bank or online
4. Penalties You May Face
Since you didnβt file on time:
Late Filing Penalty:
β¦50,000 (first month)
β¦25,000 for each additional month
Late Payment:
Interest + penalties
5. What If You Didnβt Do Any Business?
Very important:
π You STILL must file
Just file:
NIL VAT return
This avoids penalties.
6. Best Practical Approach (Since Youβre a Beginner)
Donβt try to fix everything blindly.
Option A (Recommended)
π Meet a tax consultant/accountant
They will:
Compute your backlog
File correctly
Reduce errors/penalties
Option B (Do It Yourself β Carefully)
Start with:
2025 (current year)
Then go back to 2024
7. Simple Example
If in January:
Sales = β¦500,000
VAT (7.5%) = β¦37,500
Expenses VAT = β¦10,000
π Pay: β¦37,500 β β¦10,000 = β¦27,500
8. Critical Advice (Donβt Ignore This)
Donβt guess figures
Donβt skip months
Donβt ignore penalties (they accumulate)
π The earlier you regularize, the cheaper it is.
Bottom Line
VAT is monthly, not yearly
You likely have multiple unfiled months
Use TaxPro Max to file
Consider a professional to clean it up
letβs do this practically and clearly, as if weβre filing one real month together on the FIRS system.
Weβll use a simple example so you can follow and repeat for other months.
β What We Are Doing
We will file one month VAT return using:
π TaxPro Max
From: Federal Inland Revenue Service
π§Ύ Step 0: Gather Your Numbers (Before Logging In)
You need 3 things for that month:
1. Total Sales (Revenue)
Example:
β¦500,000
2. Output VAT (VAT you charged customers)
π 7.5% of sales
= β¦37,500
3. Input VAT (VAT you paid on expenses)
Example:
β¦10,000
π» Step 1: Log Into TaxPro Max
Go to TaxPro Max portal
Enter:
TIN
Password
π If you donβt have login yet, tell meβIβll guide you.
π Step 2: Start VAT Filing
Inside dashboard:
Click βReturnsβ
Select βVAT Returnβ
Choose:
Tax Type β VAT
Period β e.g. January 2024
βοΈ Step 3: Fill the VAT Form
You will see fieldsβfill like this:
A. Total Supplies (Sales)
Enter: π β¦500,000
B. Output VAT
Enter: π β¦37,500
C. Input VAT
Enter: π β¦10,000
D. VAT Payable (Auto or Manual)
Formula: π Output VAT β Input VAT
= β¦27,500
π Step 4: Validate & Submit
Click Validate
Confirm figures
Click Submit
π At this point: Return is filed
π³ Step 5: Payment (If You Owe VAT)
If VAT payable = β¦27,500:
Click Generate Payment Reference (RRR)
Pay via:
Bank
Online (Remita)
π’ If You Had No Business (Important Case)
If:
No sales
No VAT
Then:
Enter:
Sales β 0
Output VAT β 0
Input VAT β 0
π Submit as NIL return
β οΈ Common Mistakes to Avoid
β Entering sales INCLUDING VAT (wrong)
β Forgetting to file months with zero activity
β Guessing numbers
β Skipping validation
π§ Simple Way to Always Remember
Think:
Sales β what you earned
Output VAT β what you collected
Input VAT β what you paid
Pay the difference
π Quick Recap Example
Item
Amount
Sales
β¦500,000
Output VAT
β¦37,500
Input VAT
β¦10,000
VAT Payable
β¦27,500
π What You Should Do Next
Try filing one real month now
Start with:
The most recent month (e.g., Jan or Feb 2025)
Then move backward
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