Income tax calculator Nigeria

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦238,572
Income Tax
- ₦35,506
National Housing Fund (NHF)
- ₦5,964
Pension contributions
- ₦19,086
Total tax
- ₦60,556
Net pay
* ₦178,016
Marginal tax rate
29.3%
Average tax rate
25.4%
74.6%
Net pay
25.4%
Total tax
Total tax
Net pay
The Taxberg
₦178,016
Net pay
₦28,629
Tax the employer pays
₦60,556
Tax you pay
Total tax paid
₦89,185
Did you know your employer also pays tax on your salary? It costs the employer ₦28,629 to pay you ₦238,572. In other words, every time you spend ₦10 of your hard-earned money, ₦3.74 goes to the government.
Real tax rate
33.4%
So, with you and the employer both paying tax, what used to be a 25.4% tax rate now rises to 33.4%, meaning your real tax rate is actually 8% higher than what it seemed at first.
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Summary
If you make ₦2,862,864 a year living in Nigeria, you will be taxed ₦726,676. That means that your net pay will be ₦2,136,188 per year, or ₦178,016 per month. Your average tax rate is 25.4% and your marginal tax rate is 29.3%. 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 ₦29.29, hence, your net pay will only increase by ₦70.71.
Bonus Example
A ₦1,000 bonus will generate an extra ₦707 of net incomes. A ₦5,000 bonus will generate an extra ₦3,536 of net incomes.
Tax per income
₦235,000
₦240,000
₦245,000
₦250,000
₦255,000
₦260,000
₦265,000
₦270,000
₦275,000
₦280,000
₦285,000
₦290,000
₦295,000
₦300,000
₦305,000
₦310,000
₦315,000
₦320,000
₦325,000
₦330,000
North America
Country 
Net pay
Average tax
Rank
Canada
NGN 2626925
8.2%
1
USA
NGN 2614908
8.7%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
NGN 2834236
1.0%
1
Zambia
NGN 2691092
6.0%
2
Morocco
NGN 2669908
6.7%
3
Ivory Coast
NGN 2522459
11.9%
4
Kenya
NGN 2499832
12.7%
5
Cameroon
NGN 2415456
15.6%
6
Mozambique
NGN 2388591
16.6%
7
Uganda
NGN 2381575
16.8%
8
Senegal
NGN 2375830
17.0%
9
Ghana
NGN 2339384
18.3%
10
Angola
NGN 2234222
22.0%
11
Nigeria
NGN 2136188
25.4%
12
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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.