Income tax calculator Nigeria

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦205
Income Tax
- ₦12.87
National Housing Fund (NHF)
- ₦4.79
Pension contributions
- ₦16.40
Total tax
- ₦34.06
Net pay
* ₦171
Marginal tax rate
16.9%
Average tax rate
16.6%
83.4%
Net pay
16.6%
Total tax
Total tax
Net pay
The Taxberg
₦171
Net pay
₦24.60
Tax the employer pays
₦34.06
Tax you pay
Total tax paid
₦58.66
Did you know your employer also pays tax on your salary? It costs the employer ₦24.60 to pay you ₦205. In other words, every time you spend ₦10 of your hard-earned money, ₦2.86 goes to the government.
Real tax rate
25.5%
So, with you and the employer both paying tax, what used to be a 16.6% tax rate now rises to 25.5%, meaning your real tax rate is actually 8.9% higher than what it seemed at first.
People also ask
₦2,460 yearly is how much per hour?
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Summary
If you make ₦2,460 a year living in Nigeria, you will be taxed ₦409. That means that your net pay will be ₦2,051 per year, or ₦171 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
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 2415
2.0%
1
USA
NGN 2248
8.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
NGN 2458
0.0%
1
Singapore
NGN 2456
0.0%
2
Hong Kong
NGN 2460
0.0%
3
Thailand
NGN 2337
5.0%
4
Indonesia
NGN 2244
8.8%
5
Taiwan
NGN 2242
8.9%
6
South Korea
NGN 2197
10.7%
7
New Zealand
NGN 2164
11.8%
8
India
NGN 2165
12.0%
9
China
NGN 2135
13.2%
10
Vietnam
NGN 2092
15.0%
11
Japan
NGN 1999
18.7%
12
Kazakhstan
NGN 1948
20.8%
13
Malaysia
NGN 1781
27.7%
14
Philippines
NGN 1007
59.1%
15
Pakistan
NGN 2460
735.2%
16
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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.