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Tax Penalty Calculator
Estimate penalties and interest for late filing, late payment, or non-compliance under the Nigeria Tax Act 2025.
Select Tax Type
Type of Infraction
Calculate Penalty
Calculate Your Penalty
Select the tax type, infraction type, and enter the amount to see the estimated penalty.
Understanding Tax Penalties in Nigeria
Late Filing Penalties
- •PIT/CIT: 10% of tax due as penalty
- •VAT: ₦50,000 + 5% of tax due
- •WHT/PAYE: 10% of amount due
Interest on Late Payment
- •Interest rate: CBN MPR + 2% per annum
- •Current rate: approximately 29% per annum
- •Interest accrues daily from due date
Non-Filing Penalties
- •25% of tax due for complete non-filing
- •Plus interest on the full amount
- •Potential prosecution for willful evasion
How to Avoid Penalties
- ✓Set up reminders for filing deadlines
- ✓Make estimated payments throughout the year
- ✓Keep accurate records year-round
- ✓View tax calendar →