Income tax calculator Nigeria

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦800,010
Income Tax
- ₦154,509
National Housing Fund (NHF)
- ₦20,000
Pension contributions
- ₦64,001
Total tax
- ₦238,510
Net pay
* ₦561,500
Marginal tax rate
32.0%
Average tax rate
29.8%
70.2%
Net pay
29.8%
Total tax
Total tax
Net pay
The Taxberg
₦561,500
Net pay
₦96,001
Tax the employer pays
₦238,510
Tax you pay
Total tax paid
₦334,511
Did you know your employer also pays tax on your salary? It costs the employer ₦96,001 to pay you ₦800,010. In other words, every time you spend ₦10 of your hard-earned money, ₦4.18 goes to the government.
Real tax rate
37.3%
So, with you and the employer both paying tax, what used to be a 29.8% tax rate now rises to 37.3%, meaning your real tax rate is actually 7.5% higher than what it seemed at first.
People also ask
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Summary
If you make ₦9,600,120 a year living in Nigeria, you will be taxed ₦2,862,118. That means that your net pay will be ₦6,738,002 per year, or ₦561,500 per month. Your average tax rate is 29.8% and your marginal tax rate is 32.0%. 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 ₦31.98, hence, your net pay will only increase by ₦68.02.
Bonus Example
A ₦1,000 bonus will generate an extra ₦680 of net incomes. A ₦5,000 bonus will generate an extra ₦3,401 of net incomes.
Tax per income
₦805,000
₦810,000
₦815,000
₦820,000
₦825,000
₦830,000
₦835,000
₦840,000
₦845,000
₦850,000
₦855,000
₦860,000
₦865,000
₦870,000
₦875,000
₦880,000
₦885,000
₦890,000
₦895,000
₦900,000
North America
Country 
Net pay
Average tax
Rank
USA
NGN 8768652
8.7%
1
Canada
NGN 7696030
19.8%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
NGN 9301249
3.1%
1
Morocco
NGN 8513078
11.3%
2
Cameroon
NGN 7796180
18.8%
3
Ivory Coast
NGN 7739136
19.4%
4
Mozambique
NGN 7653624
20.3%
5
Kenya
NGN 7619079
20.6%
6
Ghana
NGN 7243923
24.5%
7
Angola
NGN 7228000
24.7%
8
Zambia
NGN 6816491
29.0%
9
Nigeria
NGN 6738002
29.8%
10
Senegal
NGN 6737932
29.8%
11
Uganda
NGN 6732100
29.9%
12
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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.