Total tax paid
₦21.97
Did you know your employer also pays tax on your salary? It costs the employer ₦9.36 to pay you ₦78. In other words, every time you spend ₦10 of your hard-earned money, ₦2.82 goes to the government.
Real tax rate
25.2%
So, with you and the employer both paying tax, what used to be a 16.2% tax rate now rises to 25.2%, meaning your real tax rate is actually 9% higher than what it seemed at first.