Never miss an NRS tax deadline again

The Nigerian Revenue Service (NRS), formerly known as FIRS (Federal Inland Revenue Service), administers all federal taxes in Nigeria under the Nigeria Tax Act 2025 (NTA 2025). These include: Value Added Tax (VAT) at 7.5%; Companies Income Tax (CIT) at 30% for large companies, 20% for medium companies (₦25M–₦100M turnover), and 0% for small companies (under ₦25M); Pay As You Earn (PAYE) income tax on employee salaries; Withholding Tax (WHT) deducted at source on specified payments; Capital Gains Tax (CGT); and Stamp Duties. State Internal Revenue Services (SIRS) administer PAYE for their resident employees separately.

Under the Nigeria Tax Act 2025 (NTA 2025), CIT rates are: 0% for companies with annual turnover below ₦25 million (small companies exempt from CIT); 20% for medium companies with turnover between ₦25 million and ₦100 million; 30% for large companies with turnover above ₦100 million. Education Tax (EDT) of 3% also applies to assessable profit of all companies. JusticeSure automatically tracks your cumulative turnover and alerts you when you approach a rate threshold so you can plan ahead.

JusticeSure maintains a complete, timestamped audit trail of every invoice, payment, expense, and tax filing. In the event of an NRS tax audit, you can export: all VAT returns and supporting schedules, PAYE deduction schedules per employee, a full P&L and balance sheet for the period under review, a list of all input and output VAT invoices with supplier/customer TINs, and bank reconciliation statements. This evidence package dramatically reduces the risk of an adverse assessment and shortens the audit process.

JusticeSure automatically tracks all output VAT (7.5% collected on your taxable sales) and input VAT (7.5% paid on your business expenses) throughout the month. On the last week of the month, the platform generates your VAT return summary showing the net VAT due (output minus input). You review and confirm, then submit to the NRS TaxPro Max portal. JusticeSure sends a reminder before the 21st-of-the-month filing deadline to prevent late filing penalties.

Yes, if your company has related-party transactions (e.g., transactions with subsidiaries, parent companies, or associated companies). Nigeria's Transfer Pricing Regulations 2012 (as amended 2018) require that related-party transactions are conducted at arm's length and that companies maintain Transfer Pricing documentation. NRS can impose a fine of up to 5% of the transaction value for non-compliance. JusticeSure's multi-entity module tracks intercompany transactions and can flag those requiring Transfer Pricing documentation.

As a Nigerian company, you must deduct WHT when paying for services like consulting (5%), technical services (5%), rent (10%), management fees (10%), and dividends (10%). The WHT must be remitted to NRS within 21 days of deduction. JusticeSure prompts you to indicate WHT applicability when recording supplier invoices, tracks the WHT amounts to remit, and records WHT credit notes you receive from clients — reducing your CIT liability at year-end.

Yes. The Stamp Duties Act requires many types of Nigerian legal instruments to be stamped, including: contracts for sale of property, tenancy agreements, loan agreements, share transfer instruments, and some commercial contracts above ₦10,000. The Federal Government Stamp Duties Portal handles electronic stamping. JusticeSure can flag contracts and agreements that typically require stamping and guide you to the stamping process — important because an unstamped instrument may be inadmissible as evidence in Nigerian courts.

Small companies (annual turnover below ₦25 million) are exempt from Companies Income Tax (CIT) and Education Tax under NTA 2025 — a significant saving. However, they are still liable for: PAYE on employee salaries (regardless of company size), VAT if turnover exceeds ₦25 million (same threshold), WHT on applicable payments, and any applicable state taxes. JusticeSure tracks your cumulative annual turnover and alerts you as you approach the ₦25 million CIT and VAT thresholds.