Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦3,070
Income Tax
- ₦192
National Housing Fund (NHF)
- ₦76.75
Pension contributions
- ₦246
Total tax
- ₦515
Net pay
*
₦2,555
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦2,555
Net pay
₦368
Tax the employer pays
₦515
Tax you pay
Total tax paid
₦883
Did you know your employer also pays tax on your salary? It costs the employer ₦368 to pay you ₦3,070. 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 ₦36,840 a year living in Nigeria, you will be taxed ₦6,176. That means that your net pay will be ₦30,664 per year, or ₦2,555 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 36843
0.0%
1
Germany
NGN 36840
0.0%
2
Austria
NGN 36840
0.0%
3
Ireland
NGN 36840
0.0%
4
Sweden
NGN 36839
0.0%
5
Norway
NGN 36840
0.0%
6
Spain
NGN 34505
6.3%
7
Italy
NGN 33454
9.2%
8
France
NGN 33275
9.7%
9
Czech Republic
NGN 32788
11.0%
10
Luxembourg
NGN 32776
11.0%
11
Russia
NGN 32051
13.0%
12
Hungary
NGN 30025
18.5%
13
Ukraine
NGN 29656
19.5%
14
Poland
NGN 28928
21.5%
15
Greece
NGN 28784
21.9%
16
Portugal
NGN 27430
25.5%
17
Finland
NGN 25505
30.8%
18
Belgium
NGN 25059
32.0%
19
Netherlands
NGN 22136
39.9%
20
Romania
NGN 21548
41.5%
21
Denmark
NGN 0
100.0%
22
Switzerland
NGN 36849
128.8%
23
Show more
North America
Country
Net pay
Average tax
Rank
Canada
NGN 36259
1.6%
1
USA
NGN 33647
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 36843
0.0%
1
Singapore
NGN 36835
0.0%
2
Hong Kong
NGN 36840
0.0%
3
Thailand
NGN 34998
5.0%
4
Indonesia
NGN 33598
8.8%
5
Taiwan
NGN 33579
8.9%
6
South Korea
NGN 32902
10.7%
7
New Zealand
NGN 32455
11.9%
8
India
NGN 32421
12.0%
9
China
NGN 31982
13.2%
10
Vietnam
NGN 31323
15.0%
11
Malaysia
NGN 31063
15.7%
12
Japan
NGN 29936
18.7%
13
Kazakhstan
NGN 29177
20.8%
14
Pakistan
NGN 18754
49.1%
15
Philippines
NGN 15083
59.1%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 35965
2.4%
1
Brazil
NGN 34076
7.5%
2
Puerto Rico
NGN 33916
8.0%
3
Colombia
NGN 33893
8.0%
4
Ecuador
NGN 33362
9.5%
5
Guatemala
NGN 33308
9.6%
6
Costa Rica
NGN 32972
10.5%
7
Panama
NGN 32780
11.0%
8
Peru
NGN 32234
12.5%
9
Argentina
NGN 30577
17.0%
10
Chile
NGN 30356
17.6%
11
Uruguay
NGN 30172
18.1%
12
Show more
Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 36472
1.0%
1
Angola
NGN 35735
3.0%
2
Uganda
NGN 34998
5.0%
3
Ghana
NGN 34814
5.5%
4
Zambia
NGN 34630
6.0%
5
Morocco
NGN 34356
6.7%
6
Ivory Coast
NGN 34077
7.5%
7
Senegal
NGN 31221
15.3%
8
Cameroon
NGN 31083
15.6%
9
Nigeria
NGN 30664
16.8%
10
Mozambique
NGN 17971
51.2%
11
Kenya
NGN 36840
148.1%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 36840
0.0%
1
Saudi Arabia
NGN 36841
0.0%
2
United Arab Emirates
NGN 34999
5.0%
3
Qatar
NGN 34998
5.0%
4
Lebanon
NGN 34261
7.0%
5
Bahrain
NGN 33908
8.0%
6
Oman
NGN 33895
8.0%
7
Kuwait
NGN 32798
11.0%
8
Israel
NGN 31995
13.2%
9
Turkey
NGN 31034
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.