Income tax calculator Nigeria

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦2,805
Income Tax
- ₦176
National Housing Fund (NHF)
- ₦70.13
Pension contributions
- ₦224
Total tax
- ₦470
Net pay
* ₦2,335
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦2,335
Net pay
₦337
Tax the employer pays
₦470
Tax you pay
Total tax paid
₦807
Did you know your employer also pays tax on your salary? It costs the employer ₦337 to pay you ₦2,805. 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.
People also ask
₦33,660 yearly is how much per hour?
₦16.18 hourly is how much per year?
Summary
If you make ₦33,660 a year living in Nigeria, you will be taxed ₦5,643. That means that your net pay will be ₦28,017 per year, or ₦2,335 per month. Your average tax rate is 16.8% and your marginal tax rate is 16.8%. 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 ₦16.76, hence, your net pay will only increase by ₦83.24.
Bonus Example
A ₦1,000 bonus will generate an extra ₦832 of net incomes. A ₦5,000 bonus will generate an extra ₦4,162 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 33123
1.6%
1
USA
NGN 30746
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
NGN 33660
0.0%
1
Singapore
NGN 33664
0.0%
2
Hong Kong
NGN 33659
0.0%
3
Thailand
NGN 31977
5.0%
4
Indonesia
NGN 30698
8.8%
5
Taiwan
NGN 30681
8.9%
6
South Korea
NGN 30062
10.7%
7
New Zealand
NGN 29662
11.9%
8
India
NGN 29624
12.0%
9
China
NGN 29223
13.2%
10
Malaysia
NGN 29029
13.8%
11
Vietnam
NGN 28619
15.0%
12
Japan
NGN 27352
18.7%
13
Kazakhstan
NGN 26659
20.8%
14
Pakistan
NGN 15574
53.7%
15
Philippines
NGN 13782
59.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
NGN 32860
2.4%
1
Brazil
NGN 31135
7.5%
2
Puerto Rico
NGN 30980
8.0%
3
Colombia
NGN 30967
8.0%
4
Ecuador
NGN 30477
9.5%
5
Guatemala
NGN 30432
9.6%
6
Costa Rica
NGN 30126
10.5%
7
Panama
NGN 29949
11.0%
8
Peru
NGN 29454
12.5%
9
Argentina
NGN 27938
17.0%
10
Chile
NGN 27736
17.6%
11
Uruguay
NGN 27567
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
NGN 33323
1.0%
1
Angola
NGN 32650
3.0%
2
Uganda
NGN 31977
5.0%
3
Ghana
NGN 31809
5.5%
4
Zambia
NGN 31640
6.0%
5
Morocco
NGN 31392
6.7%
6
Ivory Coast
NGN 31135
7.5%
7
Cameroon
NGN 28400
15.6%
8
Senegal
NGN 28315
15.9%
9
Nigeria
NGN 28017
16.8%
10
Mozambique
NGN 15204
54.8%
11
Kenya
NGN 33660
162.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
NGN 33660
0.0%
1
Saudi Arabia
NGN 33662
0.0%
2
Qatar
NGN 31979
5.0%
3
United Arab Emirates
NGN 31976
5.0%
4
Lebanon
NGN 31304
7.0%
5
Oman
NGN 30976
8.0%
6
Bahrain
NGN 30971
8.1%
7
Kuwait
NGN 29961
11.0%
8
Israel
NGN 29236
13.2%
9
Turkey
NGN 28355
15.8%
10
Show more
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.