Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦986
Income Tax
- ₦61.77
National Housing Fund (NHF)
- ₦24.65
Pension contributions
- ₦78.88
Total tax
- ₦165
Net pay
* ₦821
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦821
Net pay
₦118
Tax the employer pays
₦165
Tax you pay
Total tax paid
₦284
Did you know your employer also pays tax on your salary? It costs the employer ₦118 to pay you ₦986. 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 ₦11,832 a year living in Nigeria, you will be taxed ₦1,984. That means that your net pay will be ₦9,848 per year, or ₦821 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 11642
1.6%
1
USA
NGN 10802
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
NGN 11831
0.0%
1
Singapore
NGN 11831
0.0%
2
Hong Kong
NGN 11833
0.0%
3
Thailand
NGN 11240
5.0%
4
Malaysia
NGN 11152
5.8%
5
Indonesia
NGN 10791
8.8%
6
Taiwan
NGN 10785
8.9%
7
South Korea
NGN 10567
10.7%
8
New Zealand
NGN 10423
11.9%
9
India
NGN 10416
12.0%
10
China
NGN 10273
13.2%
11
Vietnam
NGN 10060
15.0%
12
Japan
NGN 9614
18.7%
13
Kazakhstan
NGN 9371
20.8%
14
Philippines
NGN 4845
59.1%
15
Pakistan
NGN 11832
152.9%
16
Show more
Middle East
Country 
Net pay
Average tax
Rank
Egypt
NGN 11832
0.0%
1
Saudi Arabia
NGN 11832
0.0%
2
Qatar
NGN 11242
5.0%
3
United Arab Emirates
NGN 11239
5.0%
4
Lebanon
NGN 11004
7.0%
5
Bahrain
NGN 10902
7.9%
6
Oman
NGN 10892
8.1%
7
Kuwait
NGN 10533
11.1%
8
Israel
NGN 10276
13.2%
9
Turkey
NGN 9967
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.