Income tax calculator Nigeria

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦118
Income Tax
- ₦7.42
National Housing Fund (NHF)
- ₦2.50
Pension contributions
- ₦9.44
Total tax
- ₦19.37
Net pay
* ₦98.63
Marginal tax rate
16.9%
Average tax rate
16.4%
83.6%
Net pay
16.4%
Total tax
Total tax
Net pay
The Taxberg
₦98.63
Net pay
₦14.16
Tax the employer pays
₦19.37
Tax you pay
Total tax paid
₦33.53
Did you know your employer also pays tax on your salary? It costs the employer ₦14.16 to pay you ₦118. In other words, every time you spend ₦10 of your hard-earned money, ₦2.84 goes to the government.
Real tax rate
25.4%
So, with you and the employer both paying tax, what used to be a 16.4% tax rate now rises to 25.4%, meaning your real tax rate is actually 9% higher than what it seemed at first.
People also ask
₦1,416 yearly is how much per hour?
₦0.68 hourly is how much per year?
Summary
If you make ₦1,416 a year living in Nigeria, you will be taxed ₦232. That means that your net pay will be ₦1,184 per year, or ₦98.63 per month. Your average tax rate is 16.4% and your marginal tax rate is 16.9%. 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 ₦16.89, hence, your net pay will only increase by ₦83.11.
Bonus Example
A ₦1,000 bonus will generate an extra ₦831 of net incomes. A ₦5,000 bonus will generate an extra ₦4,156 of net incomes.
Compare average tax
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
North America
Country 
Net pay
Average tax
Rank
Canada
NGN 1394
1.7%
1
USA
NGN 1292
9.4%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
NGN 1402
1.0%
1
Angola
NGN 1374
3.0%
2
Morocco
NGN 1320
6.8%
3
Cameroon
NGN 1195
15.6%
4
Nigeria
NGN 1184
16.4%
5
Kenya
NGN 1416
3,852.9%
6
Uganda
NGN 1345
5.0%
7
Ghana
NGN 1338
5.5%
8
Zambia
NGN 1331
6.0%
9
Ivory Coast
NGN 1310
7.5%
10
Senegal
NGN 1416
181.7%
11
Mozambique
NGN 1416
937.9%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Egypt
NGN 1416
0.0%
1
Saudi Arabia
NGN 1415
0.0%
2
Qatar
NGN 1347
4.9%
3
United Arab Emirates
NGN 1343
5.2%
4
Lebanon
NGN 1317
7.0%
5
Oman
NGN 1307
9.1%
6
Bahrain
NGN 1290
9.4%
7
Kuwait
NGN 1255
11.5%
8
Israel
NGN 1230
13.3%
9
Turkey
NGN 1193
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.