Calculate Withholding Tax deductions based on payment type
Gross Amount
₦0.00
WHT Deduction
₦0.00
Net Amount (After WHT)
₦0.00
Note:
WHT is deducted at source by the payer and remitted to FIRS. You can claim this as a tax credit against your CIT liability.
| Payment Type | Corporate Rate | Individual Rate |
|---|---|---|
| Dividend | 10% | 10% |
| Interest | 10% | 10% |
| Rent | 10% | 10% |
| Royalties | 10% | 10% |
| Commission / Consultancy / Professional Fees | 10% | 10% |
| Technical / Management Fees | 10% | 10% |
| Directors Fees | 10% | 10% |
| Contracts (Construction, Supply, etc.) | 5% | 5% |
WHT deducted from your payments can be claimed as credit against your Company Income Tax (CIT) liability. Keep your WHT credit notes safe!
Payers must remit WHT to FIRS by the 21st of the month following the deduction. Late remittance attracts penalties.
Create an account to automatically track WHT on your income, manage credit notes, and apply credits to your CIT calculations.
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