Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦555
Income Tax
- ₦34.77
National Housing Fund (NHF)
- ₦13.88
Pension contributions
- ₦44.40
Total tax
- ₦93.05
Net pay
*
₦462
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦462
Net pay
₦66.60
Tax the employer pays
₦93.05
Tax you pay
Total tax paid
₦160
Did you know your employer also pays tax on your salary? It costs the employer ₦66.60 to pay you ₦555. 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 ₦6,660 a year living in Nigeria, you will be taxed ₦1,117. That means that your net pay will be ₦5,543 per year, or ₦462 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 6667
0.0%
1
Germany
NGN 6666
0.0%
2
Austria
NGN 6666
0.0%
3
Ireland
NGN 6666
0.0%
4
Sweden
NGN 6660
0.0%
5
Norway
NGN 6660
0.0%
6
Spain
NGN 6238
6.2%
7
Italy
NGN 6060
9.1%
8
France
NGN 6024
9.6%
9
Luxembourg
NGN 5917
11.0%
10
Czech Republic
NGN 5927
11.0%
11
Russia
NGN 5794
13.0%
12
Hungary
NGN 5428
18.5%
13
Ukraine
NGN 5361
19.5%
14
Poland
NGN 5231
21.5%
15
Greece
NGN 5204
21.9%
16
Portugal
NGN 4955
25.5%
17
Finland
NGN 4616
30.8%
18
Netherlands
NGN 4598
30.8%
19
Belgium
NGN 4527
32.1%
20
Romania
NGN 3876
41.8%
21
Denmark
NGN 0
100.0%
22
Switzerland
NGN 6651
689.4%
23
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North America
Country
Net pay
Average tax
Rank
Canada
NGN 6548
1.6%
1
USA
NGN 6072
8.8%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 6662
0.0%
1
Singapore
NGN 6655
0.0%
2
Hong Kong
NGN 6660
0.0%
3
Thailand
NGN 6327
5.0%
4
Indonesia
NGN 6074
8.8%
5
Taiwan
NGN 6071
8.9%
6
Malaysia
NGN 5981
10.2%
7
South Korea
NGN 5948
10.7%
8
New Zealand
NGN 5865
11.8%
9
India
NGN 5863
12.0%
10
China
NGN 5782
13.2%
11
Vietnam
NGN 5663
15.0%
12
Japan
NGN 5412
18.7%
13
Kazakhstan
NGN 5275
20.8%
14
Philippines
NGN 2727
59.1%
15
Pakistan
NGN 6660
271.6%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 6502
2.4%
1
Brazil
NGN 6161
7.5%
2
Puerto Rico
NGN 6139
7.8%
3
Colombia
NGN 6127
8.0%
4
Ecuador
NGN 6038
9.6%
5
Guatemala
NGN 6022
9.6%
6
Costa Rica
NGN 5961
10.5%
7
Panama
NGN 5930
11.1%
8
Peru
NGN 5828
12.5%
9
Argentina
NGN 5528
17.0%
10
Chile
NGN 5488
17.6%
11
Uruguay
NGN 5455
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 6594
1.0%
1
Angola
NGN 6460
3.0%
2
Uganda
NGN 6327
5.0%
3
Ghana
NGN 6294
5.5%
4
Zambia
NGN 6261
6.0%
5
Morocco
NGN 6211
6.7%
6
Ivory Coast
NGN 6161
7.5%
7
Cameroon
NGN 5619
15.6%
8
Nigeria
NGN 5543
16.8%
9
Senegal
NGN 3637
45.4%
10
Mozambique
NGN 6660
224.4%
11
Kenya
NGN 6660
819.2%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 6660
0.0%
1
Saudi Arabia
NGN 6662
0.0%
2
Qatar
NGN 6329
5.0%
3
United Arab Emirates
NGN 6325
5.0%
4
Lebanon
NGN 6194
7.0%
5
Oman
NGN 6143
7.8%
6
Bahrain
NGN 6141
8.0%
7
Kuwait
NGN 5948
10.7%
8
Israel
NGN 5786
13.2%
9
Turkey
NGN 5610
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.