Income tax calculator Nigeria

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦356
Income Tax
- ₦22.31
National Housing Fund (NHF)
- ₦8.77
Pension contributions
- ₦28.48
Total tax
- ₦59.56
Net pay
* ₦296
Marginal tax rate
16.9%
Average tax rate
16.7%
83.3%
Net pay
16.7%
Total tax
Total tax
Net pay
The Taxberg
₦296
Net pay
₦42.72
Tax the employer pays
₦59.56
Tax you pay
Total tax paid
₦102
Did you know your employer also pays tax on your salary? It costs the employer ₦42.72 to pay you ₦356. In other words, every time you spend ₦10 of your hard-earned money, ₦2.87 goes to the government.
Real tax rate
25.7%
So, with you and the employer both paying tax, what used to be a 16.7% tax rate now rises to 25.7%, meaning your real tax rate is actually 9% higher than what it seemed at first.
People also ask
₦4,272 yearly is how much per hour?
₦2.05 hourly is how much per year?
Summary
If you make ₦4,272 a year living in Nigeria, you will be taxed ₦715. That means that your net pay will be ₦3,557 per year, or ₦296 per month. Your average tax rate is 16.7% and your marginal tax rate is 16.9%. 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 ₦16.89, hence, your net pay will only increase by ₦83.11.
Bonus Example
A ₦1,000 bonus will generate an extra ₦831 of net incomes. A ₦5,000 bonus will generate an extra ₦4,156 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 4205
1.7%
1
USA
NGN 3891
8.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
NGN 4171
2.4%
1
Puerto Rico
NGN 3942
7.5%
2
Brazil
NGN 3952
7.5%
3
Colombia
NGN 3930
8.0%
4
Ecuador
NGN 3875
9.4%
5
Guatemala
NGN 3862
9.6%
6
Costa Rica
NGN 3823
10.5%
7
Panama
NGN 3802
11.0%
8
Peru
NGN 3737
12.5%
9
Argentina
NGN 3546
17.0%
10
Chile
NGN 3520
17.6%
11
Uruguay
NGN 3499
18.1%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Egypt
NGN 4272
0.0%
1
Saudi Arabia
NGN 4273
0.0%
2
Qatar
NGN 4058
5.0%
3
United Arab Emirates
NGN 4055
5.0%
4
Lebanon
NGN 3973
7.0%
5
Oman
NGN 3921
8.2%
6
Bahrain
NGN 3916
8.3%
7
Kuwait
NGN 3820
11.4%
8
Israel
NGN 3711
13.2%
9
Turkey
NGN 3599
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.