Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦6,942
Income Tax
- ₦435
National Housing Fund (NHF)
- ₦174
Pension contributions
- ₦555
Total tax
- ₦1,164
Net pay
*
₦5,778
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦5,778
Net pay
₦833
Tax the employer pays
₦1,164
Tax you pay
Total tax paid
₦1,997
Did you know your employer also pays tax on your salary? It costs the employer ₦833 to pay you ₦6,942. 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 ₦83,304 a year living in Nigeria, you will be taxed ₦13,966. That means that your net pay will be ₦69,338 per year, or ₦5,778 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 83300
0.0%
1
Germany
NGN 83305
0.0%
2
Austria
NGN 83305
0.0%
3
Ireland
NGN 83305
0.0%
4
Sweden
NGN 83303
0.0%
5
Norway
NGN 83304
0.0%
6
Spain
NGN 78029
6.4%
7
Italy
NGN 75659
9.2%
8
France
NGN 75231
9.7%
9
Czech Republic
NGN 74140
11.0%
10
Luxembourg
NGN 74108
11.1%
11
Russia
NGN 72475
13.0%
12
Hungary
NGN 67893
18.5%
13
Ukraine
NGN 67060
19.5%
14
Poland
NGN 65415
21.5%
15
Greece
NGN 65107
21.8%
16
Portugal
NGN 62024
25.6%
17
Finland
NGN 57693
30.7%
18
Belgium
NGN 56641
32.0%
19
Netherlands
NGN 51580
38.1%
20
Romania
NGN 48731
41.5%
21
Switzerland
NGN 31262
62.5%
22
Denmark
NGN 0
100.0%
23
Show more
North America
Country
Net pay
Average tax
Rank
Canada
NGN 81986
1.6%
1
USA
NGN 76067
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 83300
0.0%
1
Singapore
NGN 83307
0.0%
2
Hong Kong
NGN 83304
0.0%
3
Thailand
NGN 79139
5.0%
4
Indonesia
NGN 75973
8.8%
5
Taiwan
NGN 75931
8.9%
6
South Korea
NGN 74400
10.7%
7
New Zealand
NGN 73398
11.9%
8
India
NGN 73313
12.0%
9
China
NGN 72321
13.2%
10
Vietnam
NGN 70829
15.0%
11
Malaysia
NGN 68980
17.2%
12
Japan
NGN 67692
18.7%
13
Kazakhstan
NGN 65977
20.8%
14
Pakistan
NGN 65218
21.7%
15
Philippines
NGN 34107
59.1%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 81326
2.4%
1
Brazil
NGN 77055
7.5%
2
Puerto Rico
NGN 76671
8.0%
3
Colombia
NGN 76640
8.0%
4
Ecuador
NGN 75430
9.4%
5
Guatemala
NGN 75316
9.6%
6
Costa Rica
NGN 74557
10.5%
7
Panama
NGN 74137
11.0%
8
Peru
NGN 72890
12.5%
9
Argentina
NGN 69142
17.0%
10
Chile
NGN 68643
17.6%
11
Uruguay
NGN 68226
18.1%
12
Show more
Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 82471
1.0%
1
Angola
NGN 80805
3.0%
2
Uganda
NGN 79139
5.0%
3
Ghana
NGN 78722
5.5%
4
Zambia
NGN 78306
6.0%
5
Morocco
NGN 77689
6.7%
6
Ivory Coast
NGN 77056
7.5%
7
Senegal
NGN 73689
11.5%
8
Cameroon
NGN 70285
15.6%
9
Nigeria
NGN 69338
16.8%
10
Mozambique
NGN 58394
29.9%
11
Kenya
NGN 28748
65.5%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 83304
0.0%
1
Saudi Arabia
NGN 83303
0.0%
2
United Arab Emirates
NGN 79141
5.0%
3
Qatar
NGN 79138
5.0%
4
Lebanon
NGN 77473
7.0%
5
Oman
NGN 76633
8.0%
6
Bahrain
NGN 76627
8.0%
7
Kuwait
NGN 74165
11.0%
8
Israel
NGN 72352
13.2%
9
Turkey
NGN 70176
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.