Tax management

Know what you owe FIRS before they come knocking.

Real-time tracking of PAYE, VAT, WHT, and CIT obligations. Tax records ready before deadlines. Stop paying penalties for things you could have easily tracked with the right tool.

PAYE — auto-deducted on payroll
VAT — tracked per invoice
WHT — captured per payment
CIT — profit-based annual estimate
Upcoming tax deadlines
Jun 10
PAYE remittance — May payroll
₦1,248,000 → Lagos SIRS
Jun 21
VAT return — May collections
₦387,500 net → FIRS
Jun 21
WHT remittance — May invoices
₦215,000 → FIRS
Jul 21
VAT return — June
Est. ₦420,000 → FIRS
The full picture

Every Nigerian tax obligation, tracked in one place.

Most Nigerian SMBs don't have a tax problem — they have a tracking problem. You're paying taxes, but you don't always know exactly what you owe, when it's due, or whether the amount is right. Paycape fixes that.

PAYE

Auto-calculated during every payroll run. Staff deductions recorded, SIRS-ready report generated each month.

₦ deducted from each payslip · Remit by 10th

VAT (7.5%)

Tracked on every invoice and purchase. Output VAT vs input VAT always visible. Monthly return data prepared automatically.

File by 21st monthly · Net VAT to FIRS

WHT

Applied on qualifying payments to vendors. 5% or 10% based on service type. FIRS-compliant credit notes generated.

Remit by 21st of next month

CIT

Annual Company Income Tax estimate based on your profit. 0%, 20%, or 30% depending on your turnover. Always know where you stand.

File within 6 months of year-end

NHF

National Housing Fund deductions tracked per employee. Remittance records to FMBN always up to date.

2.5% of salary · Remit monthly

NSITF

Nigeria Social Insurance Trust Fund contributions tracked at 1% of payroll. Automatically calculated in payroll.

1% employer contribution · Remit monthly
Bank reconciliation

Link your bank. See the full picture without spreadsheets.

Connect your Nigerian bank account via Mono and Paycape automatically pulls your transactions. Every income and expense reconciled. Every unmatched transaction flagged. No more end-of-quarter panic trying to reconcile three months of statements.

Connect via Mono — 20+ Nigerian banks supported
Auto-reconcile transactions against invoices and expenses
Unmatched transactions flagged for manual review
Monthly bank statement comparison
Accurate P&L data for CIT purposes
Tax summary — 2026 YTD
Total PAYE deducted
₦6,240,000
Remitted yes
Net VAT payable
₦1,875,000
Q1+Q2 filed yes
WHT collected & remitted
₦1,076,500
All remitted yes
Est. CIT (year-end)
₦4,200,000
₦25M–₦100M band, 20%
Total tax obligations YTD
₦13,391,500
FAQs

Nigerian tax questions business owners ask

Does Paycape file my taxes with FIRS for me?
Paycape calculates, tracks, and organises all your tax records — but the actual filing and bank transfer to FIRS or SIRS is done by you or your accountant. Think of Paycape as a finance co-pilot that does all the maths and documentation, leaving just the final submission to you. This ensures you remain in control of your tax affairs.
What happens if I miss a VAT or WHT deadline?
FIRS penalties for late VAT filing start at ₦50,000 for the first month and ₦25,000 for each subsequent month. WHT late remittance attracts 10% of the outstanding amount plus interest. Paycape keeps your records accurate and sends deadline reminders — the goal is that you never have a reason to be late.
How does Paycape track CIT (Company Income Tax)?
Paycape tracks your income and allowable expenses throughout the year to give you a running estimate of your CIT liability. The rate depends on your annual turnover — 0% for turnover under ₦25M, 20% for ₦25M–₦100M, and 30% above ₦100M. This estimate helps you set aside reserves for year-end filing instead of being surprised.
Does Paycape support bank reconciliation with Nigerian banks?
Yes. Paycape integrates with Mono to connect your Nigerian bank accounts (GTB, Access, UBA, First Bank, Zenith, Sterling, and more). Transactions are automatically pulled and reconciled against your invoices and expense records — significantly reducing manual bookkeeping and giving you accurate financial data for tax purposes.

Stop guessing what you owe FIRS. Know it in real time.

PAYE, VAT, WHT, CIT — all tracked automatically as your business runs. Deadline reminders. Export-ready records. Start free today.

Start for free Try the tax estimator