Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦9,981
Income Tax
- ₦625
National Housing Fund (NHF)
- ₦250
Pension contributions
- ₦798
Total tax
- ₦1,673
Net pay
*
₦8,308
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦8,308
Net pay
₦1,198
Tax the employer pays
₦1,673
Tax you pay
Total tax paid
₦2,871
Did you know your employer also pays tax on your salary? It costs the employer ₦1,198 to pay you ₦9,981. 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 ₦119,772 a year living in Nigeria, you will be taxed ₦20,080. That means that your net pay will be ₦99,692 per year, or ₦8,308 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 119777
0.0%
1
Germany
NGN 119770
0.0%
2
Austria
NGN 119770
0.0%
3
Ireland
NGN 119770
0.0%
4
Sweden
NGN 119771
0.0%
5
Norway
NGN 119772
0.0%
6
Spain
NGN 112178
6.4%
7
Italy
NGN 108774
9.2%
8
France
NGN 108150
9.7%
9
Czech Republic
NGN 106597
11.0%
10
Luxembourg
NGN 106546
11.1%
11
Russia
NGN 104202
13.0%
12
Hungary
NGN 97614
18.5%
13
Ukraine
NGN 96416
19.5%
14
Poland
NGN 94049
21.5%
15
Greece
NGN 93606
21.9%
16
Portugal
NGN 89168
25.6%
17
Finland
NGN 82948
30.7%
18
Belgium
NGN 81451
32.0%
19
Netherlands
NGN 75177
37.2%
20
Romania
NGN 70065
41.5%
21
Switzerland
NGN 65318
45.5%
22
Denmark
NGN 0
100.0%
23
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North America
Country
Net pay
Average tax
Rank
Canada
NGN 117884
1.6%
1
USA
NGN 109379
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 119770
0.0%
1
Singapore
NGN 119778
0.0%
2
Hong Kong
NGN 119773
0.0%
3
Thailand
NGN 113783
5.0%
4
Indonesia
NGN 109232
8.8%
5
Taiwan
NGN 109171
8.9%
6
South Korea
NGN 106970
10.7%
7
New Zealand
NGN 105534
11.9%
8
India
NGN 105406
12.0%
9
China
NGN 103981
13.2%
10
Vietnam
NGN 101836
15.0%
11
Pakistan
NGN 101686
15.1%
12
Japan
NGN 97325
18.7%
13
Malaysia
NGN 96698
19.3%
14
Kazakhstan
NGN 94859
20.8%
15
Philippines
NGN 58762
50.9%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 116927
2.4%
1
Brazil
NGN 110790
7.5%
2
Puerto Rico
NGN 110235
8.0%
3
Colombia
NGN 110190
8.0%
4
Ecuador
NGN 108457
9.5%
5
Guatemala
NGN 108288
9.6%
6
Costa Rica
NGN 107196
10.5%
7
Panama
NGN 106599
11.0%
8
Peru
NGN 104799
12.5%
9
Argentina
NGN 99411
17.0%
10
Chile
NGN 98692
17.6%
11
Uruguay
NGN 98093
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 118575
1.0%
1
Uganda
NGN 113783
5.0%
2
Ghana
NGN 113185
5.5%
3
Angola
NGN 112799
5.8%
4
Zambia
NGN 112586
6.0%
5
Morocco
NGN 111700
6.7%
6
Ivory Coast
NGN 110789
7.5%
7
Senegal
NGN 107021
10.7%
8
Cameroon
NGN 101054
15.6%
9
Nigeria
NGN 99692
16.8%
10
Mozambique
NGN 90122
24.8%
11
Kenya
NGN 65216
45.6%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 119772
0.0%
1
Saudi Arabia
NGN 119773
0.0%
2
United Arab Emirates
NGN 113784
5.0%
3
Qatar
NGN 113783
5.0%
4
Lebanon
NGN 111388
7.0%
5
Bahrain
NGN 110180
8.0%
6
Oman
NGN 110179
8.0%
7
Kuwait
NGN 106581
11.0%
8
Israel
NGN 104020
13.2%
9
Turkey
NGN 100897
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.