Vat Calculator Nigeria – Vat Rate in Nigeria is 7.5%
The Standard VAT Rate in Nigeria is 7.5%. Now you can calculate the vat bill with our Vat Calculator Nigeria.
Vat Calculator Nigeria
- Select your country; the vat calculator will automatically detect the updated Nigeria vat rate
- Enter the amount
- Add Tax or Remove Tax
- Press the calculate button to see the result
How to calculate value-added tax in Nigeria
Formula:
Add Tax
Tax Amount = ( Original Cost * VAT% ) / 100
Net Price = Original Cost + Tax Amount
Remove Tax
Tax Amount = Original Cost – ( Original Cost * ( 100 / ( 100 + VAT% ) ) )
Net Price = Original Cost – Tax Amount
Visit our Online VAT Calculator for all the vat calculations. It includes most countries in the world like Belgium, Ireland, UK, South Africa, Germany, Philippines, Malta
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