Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦1,160
Income Tax
- ₦72.67
National Housing Fund (NHF)
- ₦29
Pension contributions
- ₦92.80
Total tax
- ₦194
Net pay
*
₦966
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦966
Net pay
₦139
Tax the employer pays
₦194
Tax you pay
Total tax paid
₦334
Did you know your employer also pays tax on your salary? It costs the employer ₦139 to pay you ₦1,160. 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 ₦13,920 a year living in Nigeria, you will be taxed ₦2,334. That means that your net pay will be ₦11,586 per year, or ₦966 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 ₦16.76, hence, your net pay will only increase by ₦83.24.
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 13916
0.0%
1
Germany
NGN 13920
0.0%
2
Austria
NGN 13920
0.0%
3
Ireland
NGN 13920
0.0%
4
Sweden
NGN 13919
0.0%
5
Norway
NGN 13921
0.0%
6
Spain
NGN 13046
6.3%
7
Italy
NGN 12636
9.2%
8
France
NGN 12565
9.7%
9
Czech Republic
NGN 12389
11.0%
10
Luxembourg
NGN 12387
11.0%
11
Russia
NGN 12110
13.0%
12
Hungary
NGN 11345
18.5%
13
Ukraine
NGN 11206
19.5%
14
Poland
NGN 10932
21.5%
15
Greece
NGN 10872
21.9%
16
Portugal
NGN 10355
25.6%
17
Finland
NGN 9642
30.7%
18
Belgium
NGN 9464
32.0%
19
Netherlands
NGN 8805
36.8%
20
Romania
NGN 8134
41.6%
21
Denmark
NGN 0
100.0%
22
Switzerland
NGN 13911
332.4%
23
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North America
Country
Net pay
Average tax
Rank
Canada
NGN 13696
1.6%
1
USA
NGN 12714
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 13916
0.0%
1
Singapore
NGN 13924
0.0%
2
Hong Kong
NGN 13920
0.0%
3
Malaysia
NGN 13239
4.9%
4
Thailand
NGN 13224
5.0%
5
Indonesia
NGN 12695
8.8%
6
Taiwan
NGN 12688
8.9%
7
South Korea
NGN 12432
10.7%
8
New Zealand
NGN 12268
11.9%
9
India
NGN 12255
12.0%
10
China
NGN 12086
13.2%
11
Vietnam
NGN 11835
15.0%
12
Japan
NGN 11311
18.7%
13
Kazakhstan
NGN 11025
20.8%
14
Philippines
NGN 5699
59.1%
15
Pakistan
NGN 13920
129.9%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 13590
2.4%
1
Brazil
NGN 12876
7.5%
2
Puerto Rico
NGN 12815
7.8%
3
Colombia
NGN 12806
8.0%
4
Ecuador
NGN 12597
9.4%
5
Guatemala
NGN 12586
9.6%
6
Costa Rica
NGN 12458
10.5%
7
Panama
NGN 12395
11.0%
8
Peru
NGN 12180
12.5%
9
Argentina
NGN 11554
17.0%
10
Chile
NGN 11470
17.6%
11
Uruguay
NGN 11400
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 13781
1.0%
1
Angola
NGN 13502
3.0%
2
Uganda
NGN 13224
5.0%
3
Ghana
NGN 13154
5.5%
4
Zambia
NGN 13085
6.0%
5
Morocco
NGN 12981
6.7%
6
Ivory Coast
NGN 12876
7.5%
7
Cameroon
NGN 11745
15.6%
8
Nigeria
NGN 11586
16.8%
9
Senegal
NGN 10272
26.2%
10
Mozambique
NGN 13920
114.2%
11
Kenya
NGN 13920
391.9%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 13920
0.0%
1
Saudi Arabia
NGN 13922
0.0%
2
United Arab Emirates
NGN 13225
5.0%
3
Qatar
NGN 13223
5.0%
4
Lebanon
NGN 12946
7.0%
5
Bahrain
NGN 12816
8.0%
6
Oman
NGN 12809
8.1%
7
Kuwait
NGN 12388
11.0%
8
Israel
NGN 12091
13.1%
9
Turkey
NGN 11726
15.8%
10
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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.