Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦788
Income Tax
- ₦49.37
National Housing Fund (NHF)
- ₦19.70
Pension contributions
- ₦63.04
Total tax
- ₦132
Net pay
* ₦656
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦656
Net pay
₦94.56
Tax the employer pays
₦132
Tax you pay
Total tax paid
₦227
Did you know your employer also pays tax on your salary? It costs the employer ₦94.56 to pay you ₦788. 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 ₦9,456 a year living in Nigeria, you will be taxed ₦1,585. That means that your net pay will be ₦7,871 per year, or ₦656 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
North America
Country 
Net pay
Average tax
Rank
Canada
NGN 9299
1.7%
1
USA
NGN 8638
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
NGN 9460
0.0%
1
Singapore
NGN 9450
0.0%
2
Hong Kong
NGN 9457
0.0%
3
Thailand
NGN 8983
5.0%
4
Malaysia
NGN 8774
7.2%
5
Indonesia
NGN 8624
8.8%
6
Taiwan
NGN 8619
8.9%
7
South Korea
NGN 8445
10.7%
8
New Zealand
NGN 8328
11.9%
9
India
NGN 8325
12.0%
10
China
NGN 8209
13.2%
11
Vietnam
NGN 8040
15.0%
12
Japan
NGN 7684
18.7%
13
Kazakhstan
NGN 7489
20.8%
14
Philippines
NGN 3872
59.1%
15
Pakistan
NGN 9456
191.3%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Mexico
NGN 9231
2.4%
1
Brazil
NGN 8746
7.5%
2
Puerto Rico
NGN 8722
7.8%
3
Colombia
NGN 8700
8.0%
4
Ecuador
NGN 8554
9.4%
5
Guatemala
NGN 8549
9.6%
6
Costa Rica
NGN 8463
10.5%
7
Panama
NGN 8409
11.0%
8
Peru
NGN 8274
12.5%
9
Argentina
NGN 7848
17.0%
10
Chile
NGN 7792
17.6%
11
Uruguay
NGN 7744
18.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
NGN 9362
1.0%
1
Angola
NGN 9172
3.0%
2
Uganda
NGN 8983
5.0%
3
Ghana
NGN 8936
5.5%
4
Zambia
NGN 8889
6.0%
5
Morocco
NGN 8818
6.8%
6
Ivory Coast
NGN 8747
7.5%
7
Cameroon
NGN 7978
15.6%
8
Nigeria
NGN 7871
16.8%
9
Senegal
NGN 6192
34.5%
10
Mozambique
NGN 9456
161.9%
11
Kenya
NGN 9456
577.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Egypt
NGN 9456
0.0%
1
Saudi Arabia
NGN 9457
0.0%
2
Qatar
NGN 8985
5.0%
3
United Arab Emirates
NGN 8983
5.0%
4
Lebanon
NGN 8794
7.0%
5
Oman
NGN 8713
7.8%
6
Bahrain
NGN 8677
8.0%
7
Kuwait
NGN 8404
11.0%
8
Israel
NGN 8214
13.1%
9
Turkey
NGN 7966
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.