E-invoicing is coming to every Nigerian business. See how TaxStreem gets you ready.Read more

Know exactly what the tax authority owes you.

A Withholding Tax (WHT) credit arises when a customer deducts tax from your payment and remits it in your name. You use the credit to reduce your income tax.

app.taxstreem.com/tax/wht/credits
Withholding tax
Adaeze Foods Limited paid ₦950,000against INV-00412 for ₦1,000,000 · 28 Oct 2026−₦50,000
  • Short by exactly 5% of the invoice
  • Matches the WHT rate for this service
  • Credit note requested from the customer
Received₦950,000
WHT deducted, 5%₦50,000
Record WHT credit
WHT credits, 2026across 6 customers
Credit notes received7 of 9the rest requested
Set against income tax2026 CIT computation

The problem

Deductions are made, credit notes never arrive, and at year-end nobody can say how much was withheld.

What TaxStreem does

  • Recognises a payment that is short by the expected WHT and records the deduction.

  • Keeps a running balance of WHT credits by customer and by year.

  • Tracks months where your input VAT is more than your output VAT.

  • Applies WHT credits in your CIT or PIT computation.

Month-end is coming. Have it done.