Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦165
Income Tax
- ₦10.36
National Housing Fund (NHF)
- ₦3.74
Pension contributions
- ₦13.20
Total tax
- ₦27.31
Net pay
*
₦138
Marginal tax rate
16.9%
Average tax rate
16.5%
83.5%
Net pay
16.5%
Total tax
Total tax
Net pay
The Taxberg
₦138
Net pay
₦19.80
Tax the employer pays
₦27.31
Tax you pay
Total tax paid
₦47.11
Did you know your employer also pays tax on your salary? It costs the employer ₦19.80 to pay you ₦165. In other words, every time you spend ₦10 of your hard-earned money, ₦2.85 goes to the government.
Real tax rate
25.5%
So, with you and the employer both paying tax, what used to be a 16.5% tax rate now rises to 25.5%, meaning your real tax rate is actually 9% higher than what it seemed at first.
Summary
If you make ₦1,980 a year living in Nigeria, you will be taxed ₦328. That means that your net pay will be ₦1,652 per year, or ₦138 per month. Your average tax rate is 16.6% 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
Europe
Country
Net pay
Average tax
Rank
United Kingdom
NGN 1979
0.0%
1
Germany
NGN 1978
0.0%
2
Austria
NGN 1978
0.0%
3
Ireland
NGN 1978
0.0%
4
Sweden
NGN 1980
0.0%
5
Norway
NGN 1980
0.0%
6
Switzerland
NGN 1976
2,307.7%
7
Netherlands
NGN 1889
4.5%
8
Spain
NGN 1854
6.3%
9
Italy
NGN 1800
9.0%
10
France
NGN 1782
9.9%
11
Luxembourg
NGN 1764
10.8%
12
Czech Republic
NGN 1762
11.0%
13
Russia
NGN 1723
13.0%
14
Hungary
NGN 1614
18.5%
15
Ukraine
NGN 1594
19.5%
16
Poland
NGN 1554
21.5%
17
Greece
NGN 1551
21.6%
18
Portugal
NGN 1479
25.2%
19
Finland
NGN 1372
30.6%
20
Belgium
NGN 1355
32.1%
21
Romania
NGN 1135
42.7%
22
Denmark
NGN 0
100.0%
23
Show more
North America
Country
Net pay
Average tax
Rank
Canada
NGN 1946
1.8%
1
USA
NGN 1795
9.3%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 1975
0.0%
1
Singapore
NGN 1980
0.0%
2
Hong Kong
NGN 1979
0.0%
3
Thailand
NGN 1881
5.0%
4
Indonesia
NGN 1806
8.8%
5
Taiwan
NGN 1805
8.8%
6
South Korea
NGN 1768
10.7%
7
India
NGN 1743
12.0%
8
New Zealand
NGN 1745
12.1%
9
China
NGN 1718
13.2%
10
Vietnam
NGN 1683
15.0%
11
Japan
NGN 1609
18.7%
12
Kazakhstan
NGN 1568
20.8%
13
Malaysia
NGN 1300
34.4%
14
Philippines
NGN 811
59.1%
15
Pakistan
NGN 1980
913.4%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 1933
2.4%
1
Puerto Rico
NGN 1845
6.8%
2
Brazil
NGN 1830
7.5%
3
Colombia
NGN 1822
8.0%
4
Ecuador
NGN 1795
9.3%
5
Guatemala
NGN 1790
9.6%
6
Costa Rica
NGN 1772
10.5%
7
Panama
NGN 1759
11.0%
8
Peru
NGN 1730
12.6%
9
Argentina
NGN 1643
17.0%
10
Chile
NGN 1632
17.6%
11
Uruguay
NGN 1622
18.1%
12
Show more
Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 1960
1.0%
1
Angola
NGN 1921
3.0%
2
Morocco
NGN 1847
6.7%
3
Cameroon
NGN 1671
15.6%
4
Nigeria
NGN 1652
16.6%
5
Kenya
NGN 1980
2,755.4%
6
Uganda
NGN 1881
5.0%
7
Ghana
NGN 1871
5.5%
8
Zambia
NGN 1861
6.0%
9
Ivory Coast
NGN 1832
7.5%
10
Senegal
NGN 1980
132.4%
11
Mozambique
NGN 1980
724.1%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 1980
0.0%
1
Saudi Arabia
NGN 1978
0.0%
2
United Arab Emirates
NGN 1881
5.1%
3
Qatar
NGN 1880
5.1%
4
Lebanon
NGN 1841
7.0%
5
Oman
NGN 1830
8.7%
6
Bahrain
NGN 1824
8.9%
7
Kuwait
NGN 1746
11.1%
8
Israel
NGN 1722
13.1%
9
Turkey
NGN 1668
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.