Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦9,933
Income Tax
- ₦622
National Housing Fund (NHF)
- ₦248
Pension contributions
- ₦795
Total tax
- ₦1,665
Net pay
*
₦8,268
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦8,268
Net pay
₦1,192
Tax the employer pays
₦1,665
Tax you pay
Total tax paid
₦2,857
Did you know your employer also pays tax on your salary? It costs the employer ₦1,192 to pay you ₦9,933. 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 ₦119,196 a year living in Nigeria, you will be taxed ₦19,983. That means that your net pay will be ₦99,213 per year, or ₦8,268 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 119197
0.0%
1
Germany
NGN 119200
0.0%
2
Austria
NGN 119200
0.0%
3
Ireland
NGN 119200
0.0%
4
Sweden
NGN 119197
0.0%
5
Norway
NGN 119195
0.0%
6
Spain
NGN 111643
6.4%
7
Italy
NGN 108257
9.2%
8
France
NGN 107651
9.7%
9
Czech Republic
NGN 106084
11.0%
10
Luxembourg
NGN 106029
11.1%
11
Russia
NGN 103701
13.0%
12
Hungary
NGN 97145
18.5%
13
Ukraine
NGN 95953
19.5%
14
Poland
NGN 93599
21.5%
15
Greece
NGN 93161
21.9%
16
Portugal
NGN 88741
25.6%
17
Finland
NGN 82538
30.8%
18
Belgium
NGN 81059
32.0%
19
Netherlands
NGN 74803
37.3%
20
Romania
NGN 69732
41.5%
21
Switzerland
NGN 64766
45.7%
22
Denmark
NGN 0
100.0%
23
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North America
Country
Net pay
Average tax
Rank
Canada
NGN 117308
1.6%
1
USA
NGN 108859
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 119199
0.0%
1
Singapore
NGN 119202
0.0%
2
Hong Kong
NGN 119195
0.0%
3
Thailand
NGN 113236
5.0%
4
Indonesia
NGN 108707
8.8%
5
Taiwan
NGN 108646
8.9%
6
South Korea
NGN 106456
10.7%
7
New Zealand
NGN 105025
11.9%
8
India
NGN 104900
12.0%
9
China
NGN 103480
13.2%
10
Vietnam
NGN 101346
15.0%
11
Pakistan
NGN 101110
15.2%
12
Japan
NGN 96857
18.7%
13
Malaysia
NGN 96259
19.2%
14
Kazakhstan
NGN 94403
20.8%
15
Philippines
NGN 58192
51.2%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 116365
2.4%
1
Brazil
NGN 110256
7.5%
2
Puerto Rico
NGN 109715
8.0%
3
Colombia
NGN 109660
8.0%
4
Ecuador
NGN 107937
9.5%
5
Guatemala
NGN 107766
9.6%
6
Costa Rica
NGN 106680
10.5%
7
Panama
NGN 106079
11.0%
8
Peru
NGN 104296
12.5%
9
Argentina
NGN 98933
17.0%
10
Chile
NGN 98218
17.6%
11
Uruguay
NGN 97622
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 118004
1.0%
1
Uganda
NGN 113236
5.0%
2
Ghana
NGN 112640
5.5%
3
Angola
NGN 112305
5.8%
4
Zambia
NGN 112044
6.0%
5
Morocco
NGN 111163
6.7%
6
Ivory Coast
NGN 110256
7.5%
7
Senegal
NGN 106495
10.7%
8
Cameroon
NGN 100568
15.6%
9
Nigeria
NGN 99213
16.8%
10
Mozambique
NGN 89620
24.8%
11
Kenya
NGN 64640
45.8%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 119196
0.0%
1
Saudi Arabia
NGN 119197
0.0%
2
United Arab Emirates
NGN 113236
5.0%
3
Qatar
NGN 113236
5.0%
4
Lebanon
NGN 110852
7.0%
5
Bahrain
NGN 109646
8.0%
6
Oman
NGN 109656
8.0%
7
Kuwait
NGN 106090
11.0%
8
Israel
NGN 103524
13.2%
9
Turkey
NGN 100412
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.