Income Tax Calculator Nigeria

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary ₦239

National Housing Fund (NHF) - ₦6

Income Tax - ₦18

Pension contributions - ₦19

Total tax - ₦43

Net pay * ₦196

Marginal tax rate 21.7%

Average tax rate 18.0%

18%Total tax

82%

Net pay

The Taxberg

₦196

Net pay

₦29

Tax the employer pays

₦43

Tax you pay

Total tax paid

₦72

Did you know your employer also pays tax on your salary? It costs the employer ₦29 to pay you ₦239. In other words, every time you spend ₦10 of your hard-earned money, ₦3.01 goes to the government.

Real tax rate

26.9%

So, with you and the employer both paying tax, what used to be a 18% tax rate now rises to 26.9%, meaning your real tax rate is actually 8.9% higher than what it seemed at first.

Summary

Si vous gagnez un salaire brut de ₦497,806 par an en Nigeria, vous serez imposé de ₦89,682. Cela signifie que votre salaire net sera de ₦408,124 par an, ou ₦34,010 par mois. Votre taux d'imposition moyen est 18.0% et votre taux d'imposition marginal est 21.7%. 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 ₦21.7, par conséquent, votre salaire net augmentera seulement de ₦78.3.

Bonus Example

A ₦1,000 bonus will generate an extra ₦783 of net incomes. A ₦5,000 bonus will generate an extra ₦3,915 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.