Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦6,330
Income Tax
- ₦397
National Housing Fund (NHF)
- ₦158
Pension contributions
- ₦506
Total tax
- ₦1,061
Net pay
*
₦5,269
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦5,269
Net pay
₦760
Tax the employer pays
₦1,061
Tax you pay
Total tax paid
₦1,821
Did you know your employer also pays tax on your salary? It costs the employer ₦760 to pay you ₦6,330. 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 ₦75,960 a year living in Nigeria, you will be taxed ₦12,735. That means that your net pay will be ₦63,225 per year, or ₦5,269 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
Europe
Country
Net pay
Average tax
Rank
United Kingdom
NGN 75966
0.0%
1
Germany
NGN 75962
0.0%
2
Austria
NGN 75962
0.0%
3
Ireland
NGN 75962
0.0%
4
Sweden
NGN 75959
0.0%
5
Norway
NGN 75960
0.0%
6
Spain
NGN 71149
6.4%
7
Italy
NGN 68993
9.2%
8
France
NGN 68601
9.7%
9
Czech Republic
NGN 67605
11.0%
10
Luxembourg
NGN 67567
11.1%
11
Russia
NGN 66085
13.0%
12
Hungary
NGN 61907
18.5%
13
Ukraine
NGN 61148
19.5%
14
Poland
NGN 59648
21.5%
15
Greece
NGN 59368
21.8%
16
Portugal
NGN 56552
25.6%
17
Finland
NGN 52596
30.8%
18
Belgium
NGN 51651
32.0%
19
Netherlands
NGN 46928
38.2%
20
Romania
NGN 44437
41.5%
21
Switzerland
NGN 24648
67.6%
22
Denmark
NGN 0
100.0%
23
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North America
Country
Net pay
Average tax
Rank
Canada
NGN 74753
1.6%
1
USA
NGN 69375
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 75958
0.0%
1
Singapore
NGN 75963
0.0%
2
Hong Kong
NGN 75960
0.0%
3
Thailand
NGN 72162
5.0%
4
Indonesia
NGN 69276
8.8%
5
Taiwan
NGN 69237
8.9%
6
South Korea
NGN 67841
10.7%
7
New Zealand
NGN 66925
11.9%
8
India
NGN 66849
12.0%
9
China
NGN 65944
13.2%
10
Vietnam
NGN 64585
15.0%
11
Japan
NGN 61724
18.7%
12
Malaysia
NGN 61669
18.8%
13
Kazakhstan
NGN 60160
20.8%
14
Pakistan
NGN 57874
23.8%
15
Philippines
NGN 31101
59.1%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 74156
2.4%
1
Brazil
NGN 70264
7.5%
2
Puerto Rico
NGN 69912
8.0%
3
Colombia
NGN 69883
8.0%
4
Ecuador
NGN 68788
9.5%
5
Guatemala
NGN 68676
9.6%
6
Costa Rica
NGN 67984
10.5%
7
Panama
NGN 67604
11.0%
8
Peru
NGN 66466
12.5%
9
Argentina
NGN 63047
17.0%
10
Chile
NGN 62591
17.6%
11
Uruguay
NGN 62211
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 75201
1.0%
1
Angola
NGN 73681
3.0%
2
Uganda
NGN 72162
5.0%
3
Ghana
NGN 71782
5.5%
4
Zambia
NGN 71402
6.0%
5
Morocco
NGN 70840
6.7%
6
Ivory Coast
NGN 70263
7.5%
7
Senegal
NGN 66977
11.8%
8
Cameroon
NGN 64089
15.6%
9
Nigeria
NGN 63225
16.8%
10
Mozambique
NGN 52005
31.5%
11
Kenya
NGN 21404
71.8%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 75960
0.0%
1
Saudi Arabia
NGN 75958
0.0%
2
United Arab Emirates
NGN 72159
5.0%
3
Qatar
NGN 72162
5.0%
4
Lebanon
NGN 70643
7.0%
5
Oman
NGN 69880
8.0%
6
Bahrain
NGN 69863
8.0%
7
Kuwait
NGN 67616
11.0%
8
Israel
NGN 65970
13.2%
9
Turkey
NGN 63989
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.