Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦8,769
Income Tax
- ₦549
National Housing Fund (NHF)
- ₦219
Pension contributions
- ₦702
Total tax
- ₦1,470
Net pay
* ₦7,299
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦7,299
Net pay
₦1,052
Tax the employer pays
₦1,470
Tax you pay
Total tax paid
₦2,522
Did you know your employer also pays tax on your salary? It costs the employer ₦1,052 to pay you ₦8,769. 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 ₦105,228 a year living in Nigeria, you will be taxed ₦17,641. That means that your net pay will be ₦87,587 per year, or ₦7,299 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 ₦16.77, hence, your net pay will only increase by ₦83.23.
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 103563
1.6%
1
USA
NGN 96095
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
NGN 105228
0.0%
1
Singapore
NGN 105227
0.0%
2
Hong Kong
NGN 105228
0.0%
3
Thailand
NGN 99967
5.0%
4
Indonesia
NGN 95968
8.8%
5
Taiwan
NGN 95914
8.9%
6
South Korea
NGN 93981
10.7%
7
New Zealand
NGN 92718
11.9%
8
India
NGN 92608
12.0%
9
China
NGN 91353
13.2%
10
Vietnam
NGN 89470
15.0%
11
Pakistan
NGN 87142
17.2%
12
Malaysia
NGN 85644
18.6%
13
Japan
NGN 85507
18.7%
14
Kazakhstan
NGN 83341
20.8%
15
Philippines
NGN 44364
57.8%
16
Show more
Middle East
Country 
Net pay
Average tax
Rank
Egypt
NGN 105228
0.0%
1
Saudi Arabia
NGN 105226
0.0%
2
United Arab Emirates
NGN 99965
5.0%
3
Qatar
NGN 99967
5.0%
4
Lebanon
NGN 97862
7.0%
5
Bahrain
NGN 96830
8.0%
6
Oman
NGN 96804
8.0%
7
Kuwait
NGN 93648
11.0%
8
Israel
NGN 91392
13.2%
9
Turkey
NGN 88645
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.