WEALTHO TAX / VATAVAILABLE

VAT,
with the working shown.

Output VAT on what you sell, input VAT on what you buy, and what is left to pay. Worked out under the rules in force on the date of the return.

AvailableClients, PAYE and company schedules, deadlines and bank-statement reading for firms.

Create a Tax account Use it over an API

Output and input VAT

Enter taxable supplies and the VAT you paid on inputs. See the VAT charged, the VAT recovered and the amount payable.

Small businesses

Whether a business must charge VAT depends on its turnover and assets. The result says which rule applied, and why.

Beside company tax

In the workspace, VAT sits in the same schedule as company income tax and the development levy, so a year's position is in one place.

The same engine everywhere

The workspace and the Tax API use one calculation, so a figure never differs between the two.

QUESTIONS

Clear answers.

Is there a free VAT calculator?＋

Not yet. VAT is worked out in the accountant workspace and through the Tax API. The free calculators cover PAYE, payroll, self-employed income, withholding and capital gains.

Does Wealtho file VAT returns?＋

No. Wealtho Tax works out the figures. Filing stays with the business or its accountant.

Are the thresholds final?＋

The thresholds come from the enacted texts and are being reviewed with a Nigerian tax professional. Confirm a result before you file.

Put VAT beside the rest.
In one workspace.

Create a Tax account What is available today

Wealtho Tax gives estimates for planning and preparation. It is not tax advice.

VAT,with the working shown.