Total tax paid
₦64,172
Did you know your employer also pays tax on your salary? It costs the employer ₦21,360 to pay you ₦178,000. In other words, every time you spend ₦10 of your hard-earned money, ₦3.61 goes to the government.
Real tax rate
32.2%
So, with you and the employer both paying tax, what used to be a 24.1% tax rate now rises to 32.2%, meaning your real tax rate is actually 8.1% higher than what it seemed at first.