Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦3,059
Income Tax
- ₦192
National Housing Fund (NHF)
- ₦76.48
Pension contributions
- ₦245
Total tax
- ₦513
Net pay
*
₦2,546
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦2,546
Net pay
₦367
Tax the employer pays
₦513
Tax you pay
Total tax paid
₦880
Did you know your employer also pays tax on your salary? It costs the employer ₦367 to pay you ₦3,059. 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
If you make ₦36,708 a year living in Nigeria, you will be taxed ₦6,154. That means that your net pay will be ₦30,554 per year, or ₦2,546 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
Europe
Country
Net pay
Average tax
Rank
United Kingdom
NGN 36714
0.0%
1
Germany
NGN 36715
0.0%
2
Austria
NGN 36715
0.0%
3
Ireland
NGN 36715
0.0%
4
Sweden
NGN 36708
0.0%
5
Norway
NGN 36708
0.0%
6
Spain
NGN 34381
6.4%
7
Italy
NGN 33347
9.2%
8
France
NGN 33169
9.7%
9
Czech Republic
NGN 32670
11.0%
10
Luxembourg
NGN 32652
11.1%
11
Russia
NGN 31936
13.0%
12
Hungary
NGN 29917
18.5%
13
Ukraine
NGN 29550
19.5%
14
Poland
NGN 28826
21.5%
15
Greece
NGN 28695
21.8%
16
Portugal
NGN 27323
25.6%
17
Finland
NGN 25416
30.7%
18
Belgium
NGN 24970
32.0%
19
Netherlands
NGN 22065
39.9%
20
Romania
NGN 21473
41.5%
21
Denmark
NGN 0
100.0%
22
Switzerland
NGN 36716
129.3%
23
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North America
Country
Net pay
Average tax
Rank
Canada
NGN 36127
1.6%
1
USA
NGN 33530
8.6%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 36711
0.0%
1
Singapore
NGN 36709
0.0%
2
Hong Kong
NGN 36708
0.0%
3
Thailand
NGN 34873
5.0%
4
Indonesia
NGN 33478
8.8%
5
Taiwan
NGN 33459
8.9%
6
South Korea
NGN 32784
10.7%
7
New Zealand
NGN 32345
11.9%
8
India
NGN 32305
12.0%
9
China
NGN 31868
13.2%
10
Vietnam
NGN 31211
15.0%
11
Malaysia
NGN 30980
15.6%
12
Japan
NGN 29828
18.7%
13
Kazakhstan
NGN 29073
20.8%
14
Pakistan
NGN 18622
49.3%
15
Philippines
NGN 15030
59.1%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 35836
2.4%
1
Brazil
NGN 33956
7.5%
2
Puerto Rico
NGN 33782
8.0%
3
Colombia
NGN 33771
8.0%
4
Ecuador
NGN 33245
9.5%
5
Guatemala
NGN 33189
9.6%
6
Costa Rica
NGN 32854
10.5%
7
Panama
NGN 32663
11.0%
8
Peru
NGN 32119
12.5%
9
Argentina
NGN 30468
17.0%
10
Chile
NGN 30247
17.6%
11
Uruguay
NGN 30064
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 36341
1.0%
1
Angola
NGN 35607
3.0%
2
Uganda
NGN 34873
5.0%
3
Ghana
NGN 34689
5.5%
4
Zambia
NGN 34505
6.0%
5
Morocco
NGN 34233
6.7%
6
Ivory Coast
NGN 33955
7.5%
7
Senegal
NGN 31101
15.3%
8
Cameroon
NGN 30971
15.6%
9
Nigeria
NGN 30554
16.8%
10
Mozambique
NGN 17856
51.4%
11
Kenya
NGN 36708
148.6%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 36708
0.0%
1
Saudi Arabia
NGN 36707
0.0%
2
United Arab Emirates
NGN 34871
5.0%
3
Qatar
NGN 34874
5.0%
4
Lebanon
NGN 34138
7.0%
5
Oman
NGN 33764
8.0%
6
Bahrain
NGN 33775
8.0%
7
Kuwait
NGN 32689
11.0%
8
Israel
NGN 31883
13.1%
9
Turkey
NGN 30923
15.8%
10
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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.