diff --git a/internal/compiler/v2/compiler_v2.go b/internal/compiler/v2/compiler_v2.go
index 0b67f7a6..04c4deff 100644
--- a/internal/compiler/v2/compiler_v2.go
+++ b/internal/compiler/v2/compiler_v2.go
@@ -16,8 +16,9 @@ import (
 var _ compiler.Compiler = &CompilerV2{}
 
 type CompilerV2 struct {
-	Dir  string
-	Vars taskfile.Vars
+	Dir          string
+	Taskvars     taskfile.Vars
+	TaskfileVars taskfile.Vars
 
 	Logger *logger.Logger
 
@@ -28,12 +29,15 @@ type CompilerV2 struct {
 // GetVariables returns fully resolved variables following the priority order:
 // 1. Task variables
 // 2. Call variables
-// 3. Taskvars file variables
-// 4. Environment variables
+// 3. Taskfile variables
+// 4. Taskvars file variables
+// 5. Environment variables
 func (c *CompilerV2) GetVariables(t *taskfile.Task, call taskfile.Call) (taskfile.Vars, error) {
 	vr := varResolver{c: c, vars: compiler.GetEnviron()}
-	vr.merge(c.Vars)
-	vr.merge(c.Vars)
+	vr.merge(c.Taskvars)
+	vr.merge(c.Taskvars)
+	vr.merge(c.TaskfileVars)
+	vr.merge(c.TaskfileVars)
 	vr.merge(call.Vars)
 	vr.merge(call.Vars)
 	vr.merge(t.Vars)
diff --git a/internal/taskfile/taskfile.go b/internal/taskfile/taskfile.go
index b4ce79f4..8368feb7 100644
--- a/internal/taskfile/taskfile.go
+++ b/internal/taskfile/taskfile.go
@@ -3,6 +3,7 @@ package taskfile
 // Taskfile represents a Taskfile.yml
 type Taskfile struct {
 	Version string
+	Vars    Vars
 	Tasks   Tasks
 }
 
@@ -15,12 +16,14 @@ func (tf *Taskfile) UnmarshalYAML(unmarshal func(interface{}) error) error {
 
 	var taskfile struct {
 		Version string
+		Vars    Vars
 		Tasks   Tasks
 	}
 	if err := unmarshal(&taskfile); err != nil {
 		return err
 	}
 	tf.Version = taskfile.Version
+	tf.Vars = taskfile.Vars
 	tf.Tasks = taskfile.Tasks
 	return nil
 }
diff --git a/task.go b/task.go
index b05065cd..038766e0 100644
--- a/task.go
+++ b/task.go
@@ -109,9 +109,10 @@ func (e *Executor) setup() error {
 		}
 	case version.IsV2(v):
 		e.Compiler = &compilerv2.CompilerV2{
-			Dir:    e.Dir,
-			Vars:   e.taskvars,
-			Logger: e.Logger,
+			Dir:          e.Dir,
+			Taskvars:     e.taskvars,
+			TaskfileVars: e.Taskfile.Vars,
+			Logger:       e.Logger,
 		}
 
 		if !e.Silent {
diff --git a/task_test.go b/task_test.go
index d1e16991..c0d690cc 100644
--- a/task_test.go
+++ b/task_test.go
@@ -132,6 +132,7 @@ func TestVarsV2(t *testing.T) {
 			"shtmpl2_foo2.txt":     "foo2",
 			"nestedtmpl2_foo2.txt": "<no value>",
 			"override.txt":         "bar",
+			"nested.txt":           "Taskvars-TaskfileVars-TaskVars",
 		},
 	}
 	tt.Run(t)
diff --git a/testdata/vars/v2/Taskfile.yml b/testdata/vars/v2/Taskfile.yml
index e3a534be..f79277c2 100644
--- a/testdata/vars/v2/Taskfile.yml
+++ b/testdata/vars/v2/Taskfile.yml
@@ -1,4 +1,6 @@
 version: '2'
+vars:
+  NESTED2: "{{.NESTED1}}-TaskfileVars"
 tasks:
   default:
     deps: [hello]
@@ -27,6 +29,7 @@ tasks:
       - echo '{{.SHTMPL2_FOO2}}' > shtmpl2_foo2.txt
       - echo '{{.NESTEDTMPL2_FOO2}}' > nestedtmpl2_foo2.txt
       - echo {{.OVERRIDE}} > override.txt
+      - echo '{{.NESTED3}}' > nested.txt
     vars:
       FOO: foo
       BAR: $echo bar
@@ -43,6 +46,7 @@ tasks:
       NESTEDTMPL_FOO: "{{.TMPL_FOO}}"
       NESTEDTMPL_FOO2: "{{.TMPL2_FOO2}}"
       OVERRIDE: "bar"
+      NESTED3: "{{.NESTED2}}-TaskVars"
 
   invalid-var-tmpl:
     vars:
diff --git a/testdata/vars/v2/Taskvars.yml b/testdata/vars/v2/Taskvars.yml
index 7b5bfb33..62b1739a 100644
--- a/testdata/vars/v2/Taskvars.yml
+++ b/testdata/vars/v2/Taskvars.yml
@@ -10,3 +10,4 @@ SHTMPL2_FOO2:
   sh: "echo '{{.FOO2}}'"
 NESTEDTMPL2_FOO2: "{{.TMPL2_FOO2}}"
 OVERRIDE: "foo"
+NESTED1: "Taskvars"