Total tax paid
₦35,191
Did you know your employer also pays tax on your salary? It costs the employer ₦12,669 to pay you ₦105,575. In other words, every time you spend ₦10 of your hard-earned money, ₦3.33 goes to the government.
Real tax rate
29.8%
So, with you and the employer both paying tax, what used to be a 21.3% tax rate now rises to 29.8%, meaning your real tax rate is actually 8.5% higher than what it seemed at first.