Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦93
Income Tax
- ₦5.86
National Housing Fund (NHF)
- ₦1.85
Pension contributions
- ₦7.44
Total tax
- ₦15.15
Net pay
* ₦77.85
Marginal tax rate
16.9%
Average tax rate
16.3%
83.7%
Net pay
16.3%
Total tax
Total tax
Net pay
The Taxberg
₦77.85
Net pay
₦11.16
Tax the employer pays
₦15.15
Tax you pay
Total tax paid
₦26.31
Did you know your employer also pays tax on your salary? It costs the employer ₦11.16 to pay you ₦93. In other words, every time you spend ₦10 of your hard-earned money, ₦2.83 goes to the government.
Real tax rate
25.3%
So, with you and the employer both paying tax, what used to be a 16.3% tax rate now rises to 25.3%, meaning your real tax rate is actually 9% higher than what it seemed at first.
Summary
If you make ₦1,116 a year living in Nigeria, you will be taxed ₦182. That means that your net pay will be ₦934 per year, or ₦77.85 per month. Your average tax rate is 16.3% and your marginal tax rate is 16.9%. 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 ₦16.88, hence, your net pay will only increase by ₦83.12.
Bonus Example
A ₦1,000 bonus will generate an extra ₦831 of net incomes. A ₦5,000 bonus will generate an extra ₦4,156 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
Canada
NGN 1093
2.2%
1
USA
NGN 1023
9.0%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
NGN 1105
1.0%
1
Angola
NGN 1083
3.0%
2
Morocco
NGN 1040
6.8%
3
Cameroon
NGN 942
15.6%
4
Nigeria
NGN 934
16.3%
5
Kenya
NGN 1116
4,666.4%
6
Uganda
NGN 1060
5.0%
7
Ghana
NGN 1054
5.5%
8
Zambia
NGN 1049
6.0%
9
Ivory Coast
NGN 1032
7.5%
10
Senegal
NGN 1116
219.9%
11
Mozambique
NGN 1116
938.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Egypt
NGN 1116
0.0%
1
Saudi Arabia
NGN 1116
0.0%
2
United Arab Emirates
NGN 1059
4.9%
3
Qatar
NGN 1062
4.9%
4
Lebanon
NGN 1038
7.0%
5
Oman
NGN 1046
7.7%
6
Bahrain
NGN 1023
8.0%
7
Kuwait
NGN 982
10.0%
8
Israel
NGN 970
13.2%
9
Turkey
NGN 940
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.