Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦922
Income Tax
- ₦57.76
National Housing Fund (NHF)
- ₦23.05
Pension contributions
- ₦73.76
Total tax
- ₦155
Net pay
* ₦767
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦767
Net pay
₦111
Tax the employer pays
₦155
Tax you pay
Total tax paid
₦265
Did you know your employer also pays tax on your salary? It costs the employer ₦111 to pay you ₦922. 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 ₦11,064 a year living in Nigeria, you will be taxed ₦1,855. That means that your net pay will be ₦9,209 per year, or ₦767 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.
North America
Country 
Net pay
Average tax
Rank
Canada
NGN 10885
1.6%
1
USA
NGN 10098
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
NGN 11063
0.0%
1
Singapore
NGN 11067
0.0%
2
Hong Kong
NGN 11063
0.0%
3
Thailand
NGN 10511
5.0%
4
Malaysia
NGN 10385
6.2%
5
Indonesia
NGN 10090
8.8%
6
Taiwan
NGN 10085
8.9%
7
South Korea
NGN 9881
10.7%
8
New Zealand
NGN 9745
11.9%
9
India
NGN 9740
12.0%
10
China
NGN 9605
13.2%
11
Vietnam
NGN 9407
15.0%
12
Japan
NGN 8990
18.7%
13
Kazakhstan
NGN 8763
20.8%
14
Philippines
NGN 4530
59.1%
15
Pakistan
NGN 11064
163.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
NGN 10801
2.4%
1
Brazil
NGN 10236
7.5%
2
Puerto Rico
NGN 10198
7.9%
3
Colombia
NGN 10179
8.0%
4
Ecuador
NGN 10014
9.4%
5
Guatemala
NGN 10003
9.6%
6
Costa Rica
NGN 9902
10.5%
7
Panama
NGN 9849
11.0%
8
Peru
NGN 9680
12.5%
9
Argentina
NGN 9183
17.0%
10
Chile
NGN 9117
17.6%
11
Uruguay
NGN 9061
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
NGN 10953
1.0%
1
Angola
NGN 10732
3.0%
2
Uganda
NGN 10511
5.0%
3
Ghana
NGN 10456
5.5%
4
Zambia
NGN 10400
6.0%
5
Morocco
NGN 10319
6.7%
6
Ivory Coast
NGN 10234
7.5%
7
Cameroon
NGN 9335
15.6%
8
Nigeria
NGN 9209
16.8%
9
Senegal
NGN 7662
30.8%
10
Mozambique
NGN 11064
140.3%
11
Kenya
NGN 11064
493.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
NGN 11064
0.0%
1
Saudi Arabia
NGN 11064
0.0%
2
United Arab Emirates
NGN 10513
5.0%
3
Qatar
NGN 10511
5.0%
4
Lebanon
NGN 10290
7.0%
5
Oman
NGN 10195
7.9%
6
Bahrain
NGN 10190
8.0%
7
Kuwait
NGN 9823
10.9%
8
Israel
NGN 9610
13.1%
9
Turkey
NGN 9320
15.8%
10
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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.