Income tax calculator Nigeria

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦98,652
Income Tax
- ₦10,378
National Housing Fund (NHF)
- ₦2,466
Pension contributions
- ₦7,892
Total tax
- ₦20,737
Net pay
* ₦77,915
Marginal tax rate
25.8%
Average tax rate
21.0%
79.0%
Net pay
21.0%
Total tax
Total tax
Net pay
The Taxberg
₦77,915
Net pay
₦11,838
Tax the employer pays
₦20,737
Tax you pay
Total tax paid
₦32,575
Did you know your employer also pays tax on your salary? It costs the employer ₦11,838 to pay you ₦98,652. In other words, every time you spend ₦10 of your hard-earned money, ₦3.30 goes to the government.
Real tax rate
29.5%
So, with you and the employer both paying tax, what used to be a 21% tax rate now rises to 29.5%, meaning your real tax rate is actually 8.5% higher than what it seemed at first.
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Summary
If you make ₦1,183,824 a year living in Nigeria, you will be taxed ₦248,842. That means that your net pay will be ₦934,982 per year, or ₦77,915 per month. Your average tax rate is 21.0% and your marginal tax rate is 25.8%. 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 ₦25.78, hence, your net pay will only increase by ₦74.22.
Bonus Example
A ₦1,000 bonus will generate an extra ₦742 of net incomes. A ₦5,000 bonus will generate an extra ₦3,711 of net incomes.
Compare average tax
Tax per income
₦95,000
₦100,000
₦105,000
₦110,000
₦115,000
₦120,000
₦125,000
₦130,000
₦135,000
₦140,000
₦145,000
₦150,000
₦155,000
₦160,000
₦165,000
₦170,000
₦175,000
₦180,000
₦185,000
₦190,000
North America
Country 
Net pay
Average tax
Rank
Canada
NGN 1165122
1.6%
1
USA
NGN 1081281
8.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
NGN 1155708
2.4%
1
Brazil
NGN 1095037
7.5%
2
Puerto Rico
NGN 1089718
8.0%
3
Colombia
NGN 1089118
8.0%
4
Ecuador
NGN 1071955
9.5%
5
Guatemala
NGN 1070313
9.6%
6
Costa Rica
NGN 1059522
10.5%
7
Panama
NGN 1053608
11.0%
8
Peru
NGN 1035845
12.5%
9
Argentina
NGN 982574
17.0%
10
Chile
NGN 975471
17.6%
11
Uruguay
NGN 969552
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
NGN 1171986
1.0%
1
Uganda
NGN 1120014
5.4%
2
Zambia
NGN 1112794
6.0%
3
Morocco
NGN 1104034
6.7%
4
Ivory Coast
NGN 1095037
7.5%
5
Senegal
NGN 1076956
9.0%
6
Kenya
NGN 1032042
12.8%
7
Ghana
NGN 1030362
13.0%
8
Mozambique
NGN 1010626
14.6%
9
Cameroon
NGN 998816
15.6%
10
Angola
NGN 941743
20.5%
11
Nigeria
NGN 934982
21.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
NGN 1183824
0.0%
1
United Arab Emirates
NGN 1124635
5.0%
2
Qatar
NGN 1124635
5.0%
3
Bahrain
NGN 1089114
8.0%
4
Oman
NGN 1089115
8.0%
5
Kuwait
NGN 1053590
11.0%
6
Lebanon
NGN 1045478
11.7%
7
Egypt
NGN 1035059
12.6%
8
Israel
NGN 1028152
13.2%
9
Turkey
NGN 997265
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.