Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦1,067
Income Tax
- ₦66.85
National Housing Fund (NHF)
- ₦26.68
Pension contributions
- ₦85.36
Total tax
- ₦179
Net pay
*
₦888
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦888
Net pay
₦128
Tax the employer pays
₦179
Tax you pay
Total tax paid
₦307
Did you know your employer also pays tax on your salary? It costs the employer ₦128 to pay you ₦1,067. 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
If you make ₦12,804 a year living in Nigeria, you will be taxed ₦2,147. That means that your net pay will be ₦10,657 per year, or ₦888 per month. Your average tax rate is 16.8% and your marginal tax rate is 16.8%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of ₦100 in your salary will be taxed ₦16.77, hence, your net pay will only increase by ₦83.23.
Bonus Example
A ₦1,000 bonus will generate an extra ₦832 of net incomes. A ₦5,000 bonus will generate an extra ₦4,162 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
United Kingdom
NGN 12797
0.0%
1
Germany
NGN 12797
0.0%
2
Austria
NGN 12797
0.0%
3
Ireland
NGN 12797
0.0%
4
Sweden
NGN 12804
0.0%
5
Norway
NGN 12804
0.0%
6
Spain
NGN 11995
6.3%
7
Italy
NGN 11621
9.2%
8
France
NGN 11549
9.7%
9
Luxembourg
NGN 11389
11.0%
10
Czech Republic
NGN 11396
11.0%
11
Russia
NGN 11140
13.0%
12
Hungary
NGN 10435
18.5%
13
Ukraine
NGN 10307
19.5%
14
Poland
NGN 10053
21.5%
15
Greece
NGN 9999
21.9%
16
Portugal
NGN 9535
25.6%
17
Finland
NGN 8858
30.8%
18
Belgium
NGN 8715
32.0%
19
Netherlands
NGN 8163
36.2%
20
Romania
NGN 7483
41.6%
21
Denmark
NGN 0
100.0%
22
Switzerland
NGN 12809
360.5%
23
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North America
Country
Net pay
Average tax
Rank
Canada
NGN 12591
1.6%
1
USA
NGN 11691
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 12808
0.0%
1
Singapore
NGN 12809
0.0%
2
Hong Kong
NGN 12803
0.0%
3
Thailand
NGN 12164
5.0%
4
Malaysia
NGN 12124
5.3%
5
Indonesia
NGN 11677
8.8%
6
Taiwan
NGN 11671
8.9%
7
South Korea
NGN 11435
10.7%
8
New Zealand
NGN 11281
11.9%
9
India
NGN 11272
12.0%
10
China
NGN 11117
13.2%
11
Vietnam
NGN 10887
15.0%
12
Japan
NGN 10404
18.7%
13
Kazakhstan
NGN 10141
20.8%
14
Philippines
NGN 5242
59.1%
15
Pakistan
NGN 12804
141.3%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 12500
2.4%
1
Brazil
NGN 11844
7.5%
2
Puerto Rico
NGN 11792
7.9%
3
Colombia
NGN 11780
8.0%
4
Ecuador
NGN 11590
9.4%
5
Guatemala
NGN 11576
9.6%
6
Costa Rica
NGN 11460
10.5%
7
Panama
NGN 11390
11.0%
8
Peru
NGN 11201
12.5%
9
Argentina
NGN 10627
17.0%
10
Chile
NGN 10551
17.6%
11
Uruguay
NGN 10487
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 12676
1.0%
1
Angola
NGN 12420
3.0%
2
Uganda
NGN 12164
5.0%
3
Ghana
NGN 12100
5.5%
4
Zambia
NGN 12036
6.0%
5
Morocco
NGN 11941
6.7%
6
Ivory Coast
NGN 11844
7.5%
7
Cameroon
NGN 10803
15.6%
8
Nigeria
NGN 10657
16.8%
9
Senegal
NGN 9252
27.7%
10
Mozambique
NGN 12804
123.0%
11
Kenya
NGN 12804
426.1%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 12804
0.0%
1
Saudi Arabia
NGN 12806
0.0%
2
United Arab Emirates
NGN 12166
5.0%
3
Qatar
NGN 12166
5.0%
4
Lebanon
NGN 11908
7.0%
5
Bahrain
NGN 11792
8.0%
6
Oman
NGN 11763
8.2%
7
Kuwait
NGN 11406
11.1%
8
Israel
NGN 11121
13.2%
9
Turkey
NGN 10786
15.8%
10
Show more
NOTE* Withholding is calculated based on the tables of Nigeria, 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.