Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦9,681
Income Tax
- ₦607
National Housing Fund (NHF)
- ₦242
Pension contributions
- ₦774
Total tax
- ₦1,623
Net pay
*
₦8,058
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦8,058
Net pay
₦1,162
Tax the employer pays
₦1,623
Tax you pay
Total tax paid
₦2,785
Did you know your employer also pays tax on your salary? It costs the employer ₦1,162 to pay you ₦9,681. 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 ₦116,172 a year living in Nigeria, you will be taxed ₦19,476. That means that your net pay will be ₦96,696 per year, or ₦8,058 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
Europe
Country
Net pay
Average tax
Rank
United Kingdom
NGN 116164
0.0%
1
Germany
NGN 116170
0.0%
2
Austria
NGN 116170
0.0%
3
Ireland
NGN 116170
0.0%
4
Sweden
NGN 116172
0.0%
5
Norway
NGN 116173
0.0%
6
Spain
NGN 108809
6.4%
7
Italy
NGN 105494
9.2%
8
France
NGN 104888
9.7%
9
Czech Republic
NGN 103393
11.0%
10
Luxembourg
NGN 103338
11.1%
11
Russia
NGN 101070
13.0%
12
Hungary
NGN 94680
18.5%
13
Ukraine
NGN 93518
19.5%
14
Poland
NGN 91222
21.5%
15
Greece
NGN 90790
21.9%
16
Portugal
NGN 86495
25.5%
17
Finland
NGN 80453
30.8%
18
Belgium
NGN 78991
32.0%
19
Netherlands
NGN 72843
37.3%
20
Romania
NGN 67962
41.5%
21
Switzerland
NGN 61897
46.7%
22
Denmark
NGN 0
100.0%
23
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North America
Country
Net pay
Average tax
Rank
Canada
NGN 114340
1.6%
1
USA
NGN 106092
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 116170
0.0%
1
Singapore
NGN 116169
0.0%
2
Hong Kong
NGN 116172
0.0%
3
Thailand
NGN 110363
5.0%
4
Indonesia
NGN 105949
8.8%
5
Taiwan
NGN 105890
8.9%
6
South Korea
NGN 103755
10.7%
7
New Zealand
NGN 102362
11.9%
8
India
NGN 102239
12.0%
9
China
NGN 100854
13.2%
10
Vietnam
NGN 98775
15.0%
11
Pakistan
NGN 98086
15.6%
12
Japan
NGN 94400
18.7%
13
Malaysia
NGN 93961
19.1%
14
Kazakhstan
NGN 92008
20.8%
15
Philippines
NGN 55198
52.5%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 113413
2.4%
1
Brazil
NGN 107458
7.5%
2
Puerto Rico
NGN 106930
8.0%
3
Colombia
NGN 106878
8.0%
4
Ecuador
NGN 105186
9.5%
5
Guatemala
NGN 105033
9.6%
6
Costa Rica
NGN 103974
10.5%
7
Panama
NGN 103399
11.0%
8
Peru
NGN 101649
12.5%
9
Argentina
NGN 96423
17.0%
10
Chile
NGN 95726
17.6%
11
Uruguay
NGN 95145
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 115010
1.0%
1
Uganda
NGN 110363
5.0%
2
Ghana
NGN 109782
5.5%
3
Angola
NGN 109710
5.6%
4
Zambia
NGN 109202
6.0%
5
Morocco
NGN 108342
6.7%
6
Ivory Coast
NGN 107459
7.5%
7
Senegal
NGN 103731
10.7%
8
Cameroon
NGN 98017
15.6%
9
Nigeria
NGN 96696
16.8%
10
Mozambique
NGN 86990
25.1%
11
Kenya
NGN 61616
47.0%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 116172
0.0%
1
Saudi Arabia
NGN 116170
0.0%
2
United Arab Emirates
NGN 110364
5.0%
3
Qatar
NGN 110364
5.0%
4
Lebanon
NGN 108040
7.0%
5
Oman
NGN 106868
8.0%
6
Bahrain
NGN 106887
8.0%
7
Kuwait
NGN 103416
11.0%
8
Israel
NGN 100894
13.2%
9
Turkey
NGN 97864
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.