ENCO TAX INTELLIGENCE / Corporate & Business Tax

Capital Allowance Calculator

Prepare a 2026 allowance schedule for a new qualifying asset, showing the generated allowance, utilisation and carryforward.

Your calculation

Amounts are in Nigerian naira unless labelled otherwise.

New 2026 qualifying asset and a full-year basis period. Statutory class rates are applied to the assessed qualifying cost; accounting depreciation is not substituted.

Required VAT/import duties and legal qualifying-cost conditions must be satisfied. Apportionment is already assessed; historical transition rules require review.

Statutory asset class

Legally qualifying acquisition cost (₦) *

Date first used (2026 asset) *

Assessed taxable-use proportion (%) *

Profit remaining after assessed loss relief (₦) *

I own this asset and it is in business use at 31 December 2026Historic asset, lease/hire purchase, incentive, disposal or other special case

I confirm the supported scope, legal classification and eligibility of the supplied amounts. Special or uncertain cases require review.

Calculations run in this browser. Inputs are sent to the server only when you request a PDF.

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Complete the inputs to see a breakdown, source references and assumptions. Unsupported circumstances return an explanation.

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What is supported?

Prepare a 2026 allowance schedule for a new qualifying asset, showing the generated allowance, utilisation and carryforward.

What needs further assessment?

New 2026 qualifying asset and a full-year basis period. Statutory class rates are applied to the assessed qualifying cost; accounting depreciation is not substituted. Required VAT/import duties and legal qualifying-cost conditions must be satisfied. Apportionment is already assessed; historical transition rules require review.

Legislation & model status

Source-checked models are preliminary. No independent reviewer or professional publication approval is claimed.

NTA 2025 s27 and First Schedule Part I, paragraphs 6–8, 16, 20–23 and Table I; new 2026 assets only ↗capital-allowance-2026-v1 · professionally-reviewed · checked 2026-10-29

Supporting interpretation — PwC

Official gazetted legislation, applicable amendments and commencement instruments take precedence. PwC is supporting commentary; discrepancies must be reconciled against the controlling legal provision before changing a calculation.

Nigeria — Corporate Summary ↗Supplied PDF reviewed 2026-05-29 · secondary commentary. The live page may differ from the supplied snapshot.

All values are rounded to two decimal places using decimal arithmetic. Historical rules remain separate.

Capital Allowance Calculator

Your calculation

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