May 29, 2026 · Vendors without a Taxpayer Identification Number (TIN) will be charged twice the prescribed WHT rate, up to 20%. This does not apply to passive income (e.g., dividends).

Feb 10, 2026 · Withholding Tax (WHT) in Nigeria is a tax mechanism where a portion of a payment is deducted at the source before the money reaches the person or business being paid. The party …

The Regulations set out the rules for the deduction of tax from payments to taxable persons under the Capital Gains Tax Act, the Companies Income Tax Act, Petroleum Profits Tax Act, and the Personal …

Dec 10, 2025 · Welcome to the confusing, frustrating, but absolutely critical world of Nigerian Withholding Tax. WHT is one of the most misunderstood taxes in Nigeria. It’s also one of the most …

Withholding Tax (WHT) is an advance payment of income tax deducted at source. Companies and individuals must deduct WHT (typically 5-10%) from payments for contracts, services, rents, …

Oct 31, 2025 · Withholding Tax (WHT) is Nigeria's pay-as-you-earn system for non-salary income. When you pay a supplier, contractor, landlord, or consultant, you're required to deduct WHT (typically 5 …

Jan 7, 2026 · Learn which Nigerian vendor and contractor payments attract WHT, the current 2-10% rates, and exactly when to deduct and explain WHT on your invoices in 2025.

Feb 21, 2025 · The straightforward answer to this question is: WHT should be applied only on the value of goods supplied or services rendered before VAT is added. In other words, VAT is excluded from …

Withholding Tax (WHT) is an advance payment of income tax and is deductible at source on payments made for certain transactions. It can be applied as a credit against income tax in most instances, …

Jan 7, 2026 · Step-by-step 2025 guide to remitting WHT to FIRS and State IRS in Nigeria: due dates, online payment steps, penalties, and WHT certificate process for SMEs.