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Nigeria Withholding Tax Calculator

Pick what the payment is for, say whether the vendor is a company or a person, and see what to deduct, what to pay, and the remittance date.

The vendor is

Withholding tax to deduct

₦25,000.00

5.0% on ₦500,000 · professional, consultancy or management fees

Pay the vendor
₦475,000.00
Remit to NRS
₦25,000.00
Remit by
21 December 2026

If you are a small company, you may skip deduction on this payment: it is under ₦2,000,000 and the vendor has a TIN.

WHT is a credit against the vendor's own tax, not an extra cost. Give them the remittance evidence so they can claim it.

Rates per the Deduction of Tax at Source (Withholding) Regulations 2024, in force since January 2025. Non-resident recipients are generally deducted at 10%.

Rate table

Payment typeCompanyIndividual
Professional, consultancy or management fees5%5%
Commission or brokerage5%5%
Supply of goods or materials2%2%
General services (non-professional)2%2%
Construction (roads, bridges, buildings)2%2%
Other construction and installation5%5%
Rent, hire or lease10%10%
Dividend or interest10%10%
Royalty10%5%
Directors' feesn/a15%

Deduction of Tax at Source (Withholding) Regulations 2024, in force from 1 January 2025. Non-residents are generally 10%.

Paying vendors every month?

A one-page WHT remittance checklist with the rates, the TIN rule and the 21st-day deadline.

How it works

  1. 01

    Enter the payment amount

    The gross amount on the vendor's invoice, before any deduction.

  2. 02

    Pick what it is for

    Services and commission are 5%, goods 2%, rent and dividends 10%. The list covers the common cases.

  3. 03

    Say who the vendor is

    Company or individual, and whether they have a TIN. No TIN doubles the rate.

  4. 04

    Pay net, remit by the 21st

    The calculator shows what to pay the vendor and the date the deduction is due to the NRS.

What makes it different

Current regulations

Rates from the Deduction of Tax at Source (Withholding) Regulations 2024, not the older schedule still on many blogs.

The TIN rule

Recipients without a TIN are deducted at double the rate. The calculator makes that visible before you pay.

Small-company exemption

A small company may skip deduction on payments under ₦2 million to a vendor with a TIN. The page flags when that applies.

Questions people ask

What is withholding tax in Nigeria?
An advance payment of the vendor's income tax, deducted by the payer at source and remitted to the Nigeria Revenue Service. It is credited against the vendor's final tax bill, so it is not an extra cost to them.
What are the WHT rates in 2026?
Under the Deduction of Tax at Source (Withholding) Regulations 2024: 5% on professional, consultancy and management fees and on commission; 2% on supply of goods and general services; 10% on rent, dividends, interest and royalties paid to companies; 15% on directors' fees. Vendors without a TIN are deducted at double the rate.
Do small companies have to deduct WHT?
A small company may skip deduction on a payment below ₦2 million when the vendor has a valid TIN. Above that, or without a TIN, deduct as normal.
When must WHT be remitted?
By the 21st of the month following the month of payment, with a schedule of the vendors it was deducted from.
What if the vendor refuses to accept a net payment?
Show them this calculation and the remittance evidence. The deduction is the law, and the credit note lets them offset it against their own tax.

Every month, without the spreadsheet

Stop recalculating this every month.

ereQa works VAT, withholding tax and PAYE from the invoices and bills you already record, and keeps the remittance dates in one place.

See ereQa