Income Tax Calculator Nigeria

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary ₦2,517

National Housing Fund (NHF) - ₦63

Income Tax - ₦158

Pension contributions - ₦201

Total tax - ₦422

Net pay * ₦2,095

Marginal tax rate 16.8%

Average tax rate 16.8%

16.8%Total tax

83.2%

Net pay

The Taxberg

₦2,095

Net pay

₦302

Tax the employer pays

₦422

Tax you pay

Total tax paid

₦724

Did you know your employer also pays tax on your salary? It costs the employer ₦302 to pay you ₦2,517. In other words, every time you spend ₦10 of your hard-earned money, ₦2.88 goes to the government.

Real tax rate

25.7%

So, with you and the employer both paying tax, what used to be a 16.8% tax rate now rises to 25.7%, meaning your real tax rate is actually 8.9% higher than what it seemed at first.

Summary

Si vous gagnez un salaire brut de ₦30,204 par an en Nigeria, vous serez imposé de ₦5,064. Cela signifie que votre salaire net sera de ₦25,140 par an, ou ₦2,095 par mois. Votre taux d'imposition moyen est 16.8% et votre taux d'imposition marginal est 16.8%. Ce taux d'imposition marginal signifie que votre revenu supplémentaire immédiat sera imposé à ce taux. Par exemple, une augmentation de ₦100 à votre salaire sera imposé de ₦16.8, par conséquent, votre salaire net augmentera seulement de ₦83.2.

Bonus Example

A ₦1,000 bonus will generate an extra ₦832 of net incomes. A ₦5,000 bonus will generate an extra ₦4,160 of net incomes.

Tax per income

₦5,000₦10,000₦15,000₦20,000₦25,000₦30,000₦35,000₦40,000₦45,000₦50,000₦55,000₦60,000₦65,000₦70,000₦75,000₦80,000₦85,000₦90,000₦95,000₦100,000

NOTE* Withholding is calculated based on the Nigeria tables of NG, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.