Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦6,342
Income Tax
- ₦397
National Housing Fund (NHF)
- ₦159
Pension contributions
- ₦507
Total tax
- ₦1,063
Net pay
*
₦5,279
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦5,279
Net pay
₦761
Tax the employer pays
₦1,063
Tax you pay
Total tax paid
₦1,824
Did you know your employer also pays tax on your salary? It costs the employer ₦761 to pay you ₦6,342. 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 ₦76,104 a year living in Nigeria, you will be taxed ₦12,759. That means that your net pay will be ₦63,345 per year, or ₦5,279 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 76095
0.0%
1
Germany
NGN 76104
0.0%
2
Austria
NGN 76104
0.0%
3
Ireland
NGN 76104
0.0%
4
Sweden
NGN 76104
0.0%
5
Norway
NGN 76104
0.0%
6
Spain
NGN 71274
6.4%
7
Italy
NGN 69118
9.2%
8
France
NGN 68725
9.7%
9
Czech Republic
NGN 67733
11.0%
10
Luxembourg
NGN 67709
11.1%
11
Russia
NGN 66210
13.0%
12
Hungary
NGN 62025
18.5%
13
Ukraine
NGN 61264
19.5%
14
Poland
NGN 59758
21.5%
15
Greece
NGN 59475
21.9%
16
Portugal
NGN 56659
25.6%
17
Finland
NGN 52703
30.8%
18
Belgium
NGN 51758
32.0%
19
Netherlands
NGN 47017
38.2%
20
Romania
NGN 44519
41.5%
21
Switzerland
NGN 24782
67.4%
22
Denmark
NGN 0
100.0%
23
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North America
Country
Net pay
Average tax
Rank
Canada
NGN 74897
1.6%
1
USA
NGN 69492
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 76100
0.0%
1
Singapore
NGN 76101
0.0%
2
Hong Kong
NGN 76105
0.0%
3
Thailand
NGN 72299
5.0%
4
Indonesia
NGN 69407
8.8%
5
Taiwan
NGN 69368
8.9%
6
South Korea
NGN 67970
10.7%
7
New Zealand
NGN 67055
11.9%
8
India
NGN 66976
12.0%
9
China
NGN 66069
13.2%
10
Vietnam
NGN 64707
15.0%
11
Japan
NGN 61841
18.7%
12
Malaysia
NGN 61813
18.8%
13
Kazakhstan
NGN 60274
20.8%
14
Pakistan
NGN 58018
23.8%
15
Philippines
NGN 31160
59.1%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 74296
2.4%
1
Brazil
NGN 70395
7.5%
2
Puerto Rico
NGN 70046
8.0%
3
Colombia
NGN 70016
8.0%
4
Ecuador
NGN 68905
9.5%
5
Guatemala
NGN 68806
9.6%
6
Costa Rica
NGN 68113
10.5%
7
Panama
NGN 67738
11.0%
8
Peru
NGN 66590
12.5%
9
Argentina
NGN 63166
17.0%
10
Chile
NGN 62710
17.6%
11
Uruguay
NGN 62329
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 75343
1.0%
1
Angola
NGN 73821
3.0%
2
Uganda
NGN 72299
5.0%
3
Ghana
NGN 71918
5.5%
4
Zambia
NGN 71538
6.0%
5
Morocco
NGN 70975
6.7%
6
Ivory Coast
NGN 70396
7.5%
7
Senegal
NGN 67109
11.8%
8
Cameroon
NGN 64210
15.6%
9
Nigeria
NGN 63345
16.8%
10
Mozambique
NGN 52130
31.5%
11
Kenya
NGN 21548
71.7%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 76104
0.0%
1
Saudi Arabia
NGN 76106
0.0%
2
United Arab Emirates
NGN 72300
5.0%
3
Qatar
NGN 72300
5.0%
4
Lebanon
NGN 70777
7.0%
5
Bahrain
NGN 69997
8.0%
6
Oman
NGN 70011
8.0%
7
Kuwait
NGN 67725
11.0%
8
Israel
NGN 66096
13.2%
9
Turkey
NGN 64111
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.