Income tax calculator Nigeria

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦748
Income Tax
- ₦46.86
National Housing Fund (NHF)
- ₦18.70
Pension contributions
- ₦59.84
Total tax
- ₦125
Net pay
* ₦623
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦623
Net pay
₦89.76
Tax the employer pays
₦125
Tax you pay
Total tax paid
₦215
Did you know your employer also pays tax on your salary? It costs the employer ₦89.76 to pay you ₦748. 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.
People also ask
₦8,976 yearly is how much per hour?
₦4.32 hourly is how much per year?
Summary
If you make ₦8,976 a year living in Nigeria, you will be taxed ₦1,505. That means that your net pay will be ₦7,471 per year, or ₦623 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
Tax per income
₦5,000
₦10,000
₦15,000
₦20,000
₦25,000
₦30,000
₦35,000
₦40,000
₦45,000
₦50,000
₦55,000
₦60,000
₦65,000
₦70,000
₦75,000
₦80,000
₦85,000
₦90,000
₦95,000
₦100,000
North America
Country 
Net pay
Average tax
Rank
Canada
NGN 8831
1.6%
1
USA
NGN 8202
8.8%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
NGN 8886
1.0%
1
Angola
NGN 8707
3.0%
2
Uganda
NGN 8527
5.0%
3
Ghana
NGN 8482
5.5%
4
Zambia
NGN 8438
6.0%
5
Morocco
NGN 8370
6.7%
6
Ivory Coast
NGN 8303
7.5%
7
Cameroon
NGN 7573
15.6%
8
Nigeria
NGN 7471
16.8%
9
Senegal
NGN 5754
35.9%
10
Mozambique
NGN 8976
169.9%
11
Kenya
NGN 8976
607.8%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Egypt
NGN 8976
0.0%
1
Saudi Arabia
NGN 8975
0.0%
2
United Arab Emirates
NGN 8531
5.0%
3
Qatar
NGN 8526
5.0%
4
Lebanon
NGN 8348
7.0%
5
Oman
NGN 8278
7.8%
6
Bahrain
NGN 8277
7.9%
7
Kuwait
NGN 7968
11.0%
8
Israel
NGN 7794
13.2%
9
Turkey
NGN 7561
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.