- Nigeria Revenue Service (NRS) is expanding mandatory e-invoicing to include medium and small businesses.
- Large businesses began using the system in August 2025, with enforcement starting April 2026.
- Medium businesses (turnover NGN 1–5 billion) must comply from July 2026, with enforcement in January 2027.
- Small businesses (turnover below NGN 1 billion) will follow in July 2027, with enforcement in January 2028.
- Non-compliance will result in penalties, as Nigeria moves toward full digital tax compliance and real-time transaction monitoring.
Source: vatabout.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Nigeria"
- Nigeria Centralises VAT Collection as Customs Exits, NRS Takes Over Amid Sweeping Tax Reforms
- Nigeria VAT Compliance: Navigating TaxPro Max for Digital and Non-Resident Suppliers
- Why Nigeria’s Most Vibrant States Receive Less VAT Revenue Than They Generate
- Nigeria Sets E-Invoicing Compliance Deadlines: Phased Rollout Begins April 2026 for Large Taxpayers
- NCAA Orders Overland Airways to Refund Passengers Wrongly Charged VAT Before January 2026
