Income Tax Calculator Nigeria

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary ₦3,003

National Housing Fund (NHF) - ₦75

Income Tax - ₦545

Pension contributions - ₦240

Total tax - ₦860

Net pay * ₦2,143

Marginal tax rate 32.0%

Average tax rate 28.7%

28.7%Total tax

71.3%

Net pay

The Taxberg

₦2,143

Net pay

₦360

Tax the employer pays

₦860

Tax you pay

Total tax paid

₦1,220

Did you know your employer also pays tax on your salary? It costs the employer ₦360 to pay you ₦3,003. In other words, every time you spend ₦10 of your hard-earned money, ₦4.06 goes to the government.

Real tax rate

36.3%

So, with you and the employer both paying tax, what used to be a 28.6% tax rate now rises to 36.3%, meaning your real tax rate is actually 7.7% higher than what it seemed at first.

Summary

Si vous gagnez un salaire brut de ₦6,246,718 par an en Nigeria, vous serez imposé de ₦1,789,700. Cela signifie que votre salaire net sera de ₦4,457,018 par an, ou ₦371,418 par mois. Votre taux d'imposition moyen est 28.7% et votre taux d'imposition marginal est 32.0%. 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 ₦32, par conséquent, votre salaire net augmentera seulement de ₦68.

Bonus Example

A ₦1,000 bonus will generate an extra ₦680 of net incomes. A ₦5,000 bonus will generate an extra ₦3,400 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.