What changed — and why it matters
FIRS now requires VAT-registered businesses to issue invoices that are digitally signed and reported electronically — not just printed. The rollout is phased by business size through 2026–2027, and the penalties for non-compliant or unreported invoices are real.
The catch: doing this by hand — signing, submitting, tracking, reconciling with VAT and WHT — is exactly the kind of fiddly, deadline-driven work that trips up busy owners. IloByte Pro makes it a non-event: it happens in the background, every time you sell.
Three steps — two of them are automatic
You raise the invoice
Sell as normal — POS, sales invoice, or order. Nothing extra to do.
We sign & submit it
IloByte digitally signs the invoice and submits it to FIRS automatically — queued with retries so a dropped network never loses a record.
You stay compliant
VAT and WHT are worked out as you trade. Pull a ready-to-file schedule any time — no scramble, no penalty.
One system, every Nigerian tax handled
Not a separate compliance tool bolted on — it’s the same books you sell, buy and pay staff from.
FIRS e-invoicing (VFD)
Invoices are signed and reported to FIRS in real time, with automatic retries and per-document status you can see.
VAT, done as you trade
7.5% VAT applied on every line where it belongs, with a VAT report you can file — not a year-end reconstruction.
Withholding Tax (WHT)
WHT computed on the right transactions with rate-versioned certificates and a remittance schedule — including SMB exemptions.
PAYE on 2026 bands
Payroll taxed on the new Nigeria Tax Act 2025 bands automatically, with payslips and a schedule for FIRS.
Tax features support compliance but don’t replace professional advice. Confirm your obligations and deadlines with FIRS or your tax adviser.