2026.01.01
Gangmates Release Notes: v2026.01.01
Release Date: January 13, 2026 Environment: Prod Version: 2026.01.01
🎉 New Features: Sales Invoices & VAT/FIRS Remittance
We're excited to announce two powerful new additions to the Gangmates platform! You can now create professional sales invoices with automatic tax calculations, and remit collected VAT and Stamp Duty directly through your trusted agent network.
What's New
1️⃣ Sales Invoices (NEW)
Create and manage professional invoices for your customers with built-in Nigerian tax compliance.
Key Capabilities
Professional Invoices
Generate branded invoices with your company details
Customer Management
Store customer information for quick invoicing
Automatic VAT Calculation
7.5% VAT automatically calculated when enabled
Stamp Duty Compliance
₦50 Stamp Duty auto-applied to invoices over ₦10,000
Payment Tracking
Mark invoices as paid and track payment dates
Tax Remittance Status
See which invoice taxes have been remitted to FIRS
Invoice Tax Rules (Nigeria Tax Act 2025)
VAT
7.5%
Optional - toggle per invoice
Stamp Duty
₦50 flat
Automatically applied when invoice total exceeds ₦10,000
Creating a Sales Invoice
Navigate to Sales → Invoices → Create Invoice
Select or add a customer
Add line items (products/services)
Toggle VAT if applicable
Review totals (Stamp Duty auto-calculates if applicable)
Save and send to customer
Invoice Statuses
Draft
Invoice created but not finalized
Sent
Invoice sent to customer
Paid
Customer has paid (ready for tax remittance)
Overdue
Payment date has passed
Cancelled
Invoice voided
2️⃣ VAT & FIRS Tax Remittance (NEW)
Remit collected VAT and Stamp Duty from your sales invoices directly through the Gangmates agent network.
Unified Tax Remittance Portal
The Initiate Remittance page now supports two types of remittances:
Payroll Statutory Contributions
PIT, NHF, ITF, NSITF, Pension, NHIS
Monthly employee deductions
VAT & FIRS Remittance (NEW)
VAT (7.5%) and Stamp Duty
Taxes collected from sales invoices
Key Benefits
✅ One Platform, All Remittances - No need to manage separate processes for payroll taxes and invoice taxes
✅ Same Trusted Agents - Use your existing agent relationships for VAT remittance
✅ Complete Audit Trail - Track all tax remittances in one place with full receipt documentation
✅ Real-Time Cost Summary - See exactly what you'll pay before submitting
✅ Automatic Status Tracking - Know when your VAT has been successfully remitted to FIRS
How It Works
Sales Invoice → VAT Collection → FIRS Remittance
Step-by-Step: Remitting VAT from Sales Invoices
Step 1: Navigate to Initiate Remittance
From your dashboard, go to Remittances → Initiate Remittance
Step 2: Select Remittance Type
Use the dropdown at the top of the page to choose:
Payroll Statutory Contributions - For employee-related deductions
VAT & FIRS Remittance - For sales invoice taxes
Step 3: Choose Your Agent & Package
Select your preferred remittance agent and service package. The agent fee will be displayed automatically.
Step 4: Select Invoices
When VAT & FIRS is selected, you'll see a list of all paid sales invoices with pending VAT/Stamp Duty. Each invoice shows:
Invoice number and customer name
VAT amount (7.5% of taxable value)
Stamp Duty amount (₦50 for invoices over ₦10,000)
Total tax amount
Simply select the invoices you want to include in this remittance batch.
Step 5: Review & Submit
The Cost Summary sidebar shows:
Total tax contributions
Agent fee
Grand total
Your current wallet balance
Click Submit Remittance Request to send to your agent for processing.
Frequently Asked Questions
Sales Invoices
Q: How do I enable VAT on an invoice?
A: When creating or editing an invoice, toggle the "Include VAT" switch. The system will automatically calculate 7.5% of the subtotal.
Q: When is Stamp Duty applied?
A: Stamp Duty (₦50) is automatically applied to any invoice where the total amount exceeds ₦10,000. This is a Nigerian regulatory requirement.
Q: Can I create an invoice without VAT?
A: Yes, VAT is optional and can be toggled off for each invoice. Some services or customers may be VAT-exempt.
Q: How do I mark an invoice as paid?
A: Open the invoice and click "Record Payment". Enter the payment date and amount. The invoice status will change to "Paid" and become eligible for VAT remittance.
VAT Remittance
Q: Which invoices appear in the VAT remittance list?
A: Only sales invoices that meet ALL of these criteria:
Status is "Paid"
Has a valid payment date
Has VAT and/or Stamp Duty amounts greater than zero
Tax has not already been remitted
Q: Can I remit VAT and payroll contributions in the same request?
A: No, each remittance request handles one type. This ensures clear tracking and proper documentation for each tax category. You can submit multiple requests if needed.
Q: How do I know when my VAT has been remitted?
A: The remittance will progress through these stages:
Under Review - Agent is reviewing your request
In Progress - Agent has accepted and is processing
Pending Client Review - Agent uploaded receipts, awaiting your approval
Complete - You've approved, tax has been successfully remitted
Q: What documentation will I receive?
A: Your agent will upload official FIRS receipts as proof of remittance. These are stored permanently in your remittance history for audit purposes.
Q: Is there a deadline for VAT remittance?
A: Yes, VAT should be remitted to FIRS by the 21st of the month following the transaction. We recommend submitting remittance requests by the 15th to allow processing time.
Q: What happens to my wallet balance?
A: When your agent accepts the request:
The tax amount is immediately transferred to the agent for remittance
The agent fee is held in escrow until you approve the completed work
Upon your approval, the agent fee is released
Technical Requirements
For Sales Invoices
Company profile must be complete (name, address, tax ID)
At least one customer record created
Products/services defined (optional - can use custom line items)
For VAT to Appear in Remittance
Ensure your sales invoices are configured correctly:
VAT toggle enabled on the invoice
Invoice marked as "Paid" with a payment date recorded
Tax remittance status is "Pending" or not yet set
Wallet Balance
Ensure sufficient wallet balance before submitting remittance:
Total = Tax Amount + Agent Fee
The system will warn you if your balance is insufficient
Getting Help
If you have questions about these features:
📧 Email: [email protected]
📞 Phone: +234 XXX XXX XXXX
💬 In-App Chat: Click the help icon in the bottom-right corner
Coming Soon
We're continuously improving these features. Here's what's on our roadmap:
Sales Invoices
📧 Email Invoices - Send invoices directly to customers via email
💳 Online Payments - Accept card payments on invoices
📊 Invoice Analytics - Revenue reports and aging analysis
🔄 Recurring Invoices - Auto-generate monthly invoices
VAT Remittance
📊 Tax Remittance Reports - Monthly and quarterly summaries for tax filing
🔔 Remittance Reminders - Automatic notifications before FIRS deadlines
📱 Mobile App Support - Initiate remittances from the Gangmates mobile app
🔄 Recurring Remittances - Set up automatic monthly VAT remittance
Thank you for using Gangmates! We're committed to making your business operations simpler and more compliant.
Release Date: January 2026 Version: 2.8.0 Category: New Features
Quick Reference Card
Sales Invoice + VAT Remittance - At a Glance
Creating a Sales Invoice
Initiating VAT Remittance
Complete Workflow
Status Flows
Sales Invoice Status
VAT Remittance Status
Key Tax Information
VAT
7.5%
Any amount
FIRS
Stamp Duty
₦50 flat
Invoices > ₦10,000
FIRS
Key Contacts
General Support
Account Manager
(Your assigned manager)
Billing Questions
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