Income Tax Calculator Nigeria

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary ₦19,053

National Housing Fund (NHF) - ₦476

Income Tax - ₦1,194

Pension contributions - ₦1,524

Total tax - ₦3,194

Net pay * ₦15,859

Marginal tax rate 16.8%

Average tax rate 16.8%

16.8%Total tax

83.2%

Net pay

The Taxberg

₦15,859

Net pay

₦2,286

Tax the employer pays

₦3,194

Tax you pay

Total tax paid

₦5,480

Did you know your employer also pays tax on your salary? It costs the employer ₦2,286 to pay you ₦19,053. 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

Si vous gagnez un salaire brut de ₦228,636 par an en Nigeria, vous serez imposé de ₦38,331. Cela signifie que votre salaire net sera de ₦190,305 par an, ou ₦15,859 par mois. Votre taux d'imposition moyen est 16.8% et votre taux d'imposition marginal est 16.8%. Ce taux d'imposition marginal signifie que votre revenu supplémentaire immédiat sera imposé à ce taux. Par exemple, une augmentation de ₦100 à votre salaire sera imposé de ₦16.8, par conséquent, votre salaire net augmentera seulement de ₦83.2.

Bonus Example

A ₦1,000 bonus will generate an extra ₦832 of net incomes. A ₦5,000 bonus will generate an extra ₦4,160 of net incomes.

Tax per income

₦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₦105,000₦110,000

NOTE* Withholding is calculated based on the Nigeria tables of NG, 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.