Income Tax Calculator Nigeria

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary ₦862

National Housing Fund (NHF) - ₦22

Income Tax - ₦109

Pension contributions - ₦69

Total tax - ₦199

Net pay * ₦662

Marginal tax rate 28.7%

Average tax rate 23.1%

23.1%Total tax

76.9%

Net pay

The Taxberg

₦662

Net pay

₦103

Tax the employer pays

₦199

Tax you pay

Total tax paid

₦302

Did you know your employer also pays tax on your salary? It costs the employer ₦103 to pay you ₦862. In other words, every time you spend ₦10 of your hard-earned money, ₦3.5 goes to the government.

Real tax rate

31.3%

So, with you and the employer both paying tax, what used to be a 23.1% tax rate now rises to 31.3%, meaning your real tax rate is actually 8.2% higher than what it seemed at first.

Summary

Si vous gagnez un salaire brut de ₦1,792,045 par an en Nigeria, vous serez imposé de ₦414,164. Cela signifie que votre salaire net sera de ₦1,377,880 par an, ou ₦114,823 par mois. Votre taux d'imposition moyen est 23.1% et votre taux d'imposition marginal est 28.7%. 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 ₦28.7, par conséquent, votre salaire net augmentera seulement de ₦71.3.

Bonus Example

A ₦1,000 bonus will generate an extra ₦713 of net incomes. A ₦5,000 bonus will generate an extra ₦3,565 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.