Total tax paid
₦7,456
Did you know your employer also pays tax on your salary? It costs the employer ₦3,078 to pay you ₦25,650. In other words, every time you spend ₦10 of your hard-earned money, ₦2.91 goes to the government.
Real tax rate
26.0%
So, with you and the employer both paying tax, what used to be a 17.1% tax rate now rises to 26.0%, meaning your real tax rate is actually 8.9% higher than what it seemed at first.