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Withholding Tax (WHT) credits are essentially ‘pre-paid’ taxes. When your clients deduct money from your payments, that money isn’t gone; it sits in your tax account as a credit. In 2026, the process of claiming these credits has been fully digitized through the TaxPro Max portal. If you don’t claim them, you are effectively paying your Company Income Tax twice.
Steps to Claiming Your Credits Online
- Reconcile with Clients: Ensure your clients have actually remitted the tax and uploaded your TIN to the NRS Portal.
- Check Your Dashboard: Log in to TaxPro Max and navigate to the ‘WHT Credit’ section to see your ‘Digital Credit Notes’. Learn more in WHT Credit Notes Explained.
- Apply to CIT: When filing your annual tax return, select the option to ‘Offset with Credits’.
- Validation: If your credits are from a previous year (pre-2025), you may need to apply for manual validation at your local NRS office.
Why Credits Matter
Using WHT credits is a primary Tax Planning Strategy. It preserves your cash flow. For instance, if you have ₦500,000 in credits, that is ₦500,000 you don’t have to pay out of your bank account. For help with the calculation, see How to Calculate WHT. For official troubleshooting, contact the NRS Helpdesk or consult KPMG Nigeria.”