Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦6,998
Income Tax
- ₦438
National Housing Fund (NHF)
- ₦175
Pension contributions
- ₦560
Total tax
- ₦1,173
Net pay
*
₦5,825
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦5,825
Net pay
₦840
Tax the employer pays
₦1,173
Tax you pay
Total tax paid
₦2,013
Did you know your employer also pays tax on your salary? It costs the employer ₦840 to pay you ₦6,998. 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 ₦83,976 a year living in Nigeria, you will be taxed ₦14,079. That means that your net pay will be ₦69,897 per year, or ₦5,825 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 83967
0.0%
1
Germany
NGN 83982
0.0%
2
Austria
NGN 83982
0.0%
3
Ireland
NGN 83982
0.0%
4
Sweden
NGN 83975
0.0%
5
Norway
NGN 83976
0.0%
6
Spain
NGN 78653
6.4%
7
Italy
NGN 76265
9.2%
8
France
NGN 75837
9.7%
9
Czech Republic
NGN 74739
11.0%
10
Luxembourg
NGN 74696
11.1%
11
Russia
NGN 73059
13.0%
12
Hungary
NGN 68440
18.5%
13
Ukraine
NGN 67601
19.5%
14
Poland
NGN 65942
21.5%
15
Greece
NGN 65642
21.8%
16
Portugal
NGN 62523
25.6%
17
Finland
NGN 58156
30.8%
18
Belgium
NGN 57105
32.0%
19
Netherlands
NGN 51990
38.1%
20
Romania
NGN 49129
41.5%
21
Switzerland
NGN 31870
62.1%
22
Denmark
NGN 0
100.0%
23
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North America
Country
Net pay
Average tax
Rank
Canada
NGN 82646
1.6%
1
USA
NGN 76688
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 83980
0.0%
1
Singapore
NGN 83971
0.0%
2
Hong Kong
NGN 83977
0.0%
3
Thailand
NGN 79777
5.0%
4
Indonesia
NGN 76586
8.8%
5
Taiwan
NGN 76543
8.9%
6
South Korea
NGN 75000
10.7%
7
New Zealand
NGN 73987
11.9%
8
India
NGN 73904
12.0%
9
China
NGN 72903
13.2%
10
Vietnam
NGN 71401
15.0%
11
Malaysia
NGN 69491
17.3%
12
Japan
NGN 68238
18.7%
13
Kazakhstan
NGN 66509
20.8%
14
Pakistan
NGN 65890
21.5%
15
Philippines
NGN 34383
59.1%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 81982
2.4%
1
Brazil
NGN 77679
7.5%
2
Puerto Rico
NGN 77292
8.0%
3
Colombia
NGN 77258
8.0%
4
Ecuador
NGN 76034
9.5%
5
Guatemala
NGN 75923
9.6%
6
Costa Rica
NGN 75159
10.5%
7
Panama
NGN 74740
11.0%
8
Peru
NGN 73481
12.5%
9
Argentina
NGN 69700
17.0%
10
Chile
NGN 69196
17.6%
11
Uruguay
NGN 68776
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 83136
1.0%
1
Angola
NGN 81457
3.0%
2
Uganda
NGN 79777
5.0%
3
Ghana
NGN 79357
5.5%
4
Zambia
NGN 78938
6.0%
5
Morocco
NGN 78316
6.7%
6
Ivory Coast
NGN 77678
7.5%
7
Senegal
NGN 74304
11.5%
8
Cameroon
NGN 70852
15.6%
9
Nigeria
NGN 69897
16.8%
10
Mozambique
NGN 58979
29.8%
11
Kenya
NGN 29420
65.0%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 83976
0.0%
1
Saudi Arabia
NGN 83977
0.0%
2
United Arab Emirates
NGN 79780
5.0%
3
Qatar
NGN 79777
5.0%
4
Lebanon
NGN 78098
7.0%
5
Oman
NGN 77243
8.0%
6
Bahrain
NGN 77250
8.0%
7
Kuwait
NGN 74765
11.0%
8
Israel
NGN 72933
13.2%
9
Turkey
NGN 70742
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.