Income tax calculator Nigeria

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦485
Income Tax
- ₦30.39
National Housing Fund (NHF)
- ₦12.13
Pension contributions
- ₦38.80
Total tax
- ₦81.31
Net pay
* ₦404
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦404
Net pay
₦58.20
Tax the employer pays
₦81.31
Tax you pay
Total tax paid
₦140
Did you know your employer also pays tax on your salary? It costs the employer ₦58.20 to pay you ₦485. 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
₦5,820 yearly is how much per hour?
₦2.80 hourly is how much per year?
Summary
If you make ₦5,820 a year living in Nigeria, you will be taxed ₦976. That means that your net pay will be ₦4,844 per year, or ₦404 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 ₦16.77, hence, your net pay will only increase by ₦83.23.
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
Latin America
Country 
Net pay
Average tax
Rank
Mexico
NGN 5682
2.4%
1
Brazil
NGN 5383
7.5%
2
Puerto Rico
NGN 5367
7.8%
3
Colombia
NGN 5354
8.0%
4
Ecuador
NGN 5267
9.5%
5
Guatemala
NGN 5262
9.6%
6
Costa Rica
NGN 5209
10.5%
7
Panama
NGN 5176
11.0%
8
Peru
NGN 5094
12.5%
9
Argentina
NGN 4831
17.0%
10
Chile
NGN 4796
17.6%
11
Uruguay
NGN 4766
18.1%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Egypt
NGN 5820
0.0%
1
Saudi Arabia
NGN 5818
0.0%
2
Qatar
NGN 5529
5.0%
3
United Arab Emirates
NGN 5526
5.0%
4
Lebanon
NGN 5413
7.0%
5
Bahrain
NGN 5340
7.7%
6
Oman
NGN 5359
8.2%
7
Kuwait
NGN 5184
11.2%
8
Israel
NGN 5053
13.1%
9
Turkey
NGN 4903
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.