💼 Business Finance

Revenue / Turnover

What is Revenue / Turnover?

Revenue (also called turnover) is the total money your business earns from sales of goods or services before deducting any expenses. It's the top line of your income statement. In Nigeria, your turnover determines your CIT tier.

Related Terms

Profit CIT VAT

Calculate Your Revenue / Turnover

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CIT (Company Income Tax) Calculator

Calculate your company income tax using Nigeria's three-tier system (0%/20%/30%).

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VAT Threshold Checker

Check if your business needs to register for VAT based on the ₦25M threshold.

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