Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦52
Income Tax
- ₦3.26
National Housing Fund (NHF)
- ₦1.30
Pension contributions
- ₦4.16
Total tax
- ₦8.72
Net pay
*
₦43.28
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦43.28
Net pay
₦6.24
Tax the employer pays
₦8.72
Tax you pay
Total tax paid
₦14.96
Did you know your employer also pays tax on your salary? It costs the employer ₦6.24 to pay you ₦52. 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 ₦108,160 a year living in Nigeria, you will be taxed ₦18,133. That means that your net pay will be ₦90,027 per year, or ₦7,502 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
Europe
Country
Net pay
Average tax
Rank
United Kingdom
NGN 108163
0.0%
1
Germany
NGN 108168
0.0%
2
Austria
NGN 108168
0.0%
3
Ireland
NGN 108168
0.0%
4
Sweden
NGN 108160
0.0%
5
Norway
NGN 108159
0.0%
6
Spain
NGN 101306
6.4%
7
Italy
NGN 98240
9.2%
8
France
NGN 97688
9.7%
9
Czech Republic
NGN 96262
11.0%
10
Luxembourg
NGN 96208
11.1%
11
Russia
NGN 94099
13.0%
12
Hungary
NGN 88150
18.5%
13
Ukraine
NGN 87069
19.5%
14
Poland
NGN 84932
21.5%
15
Greece
NGN 84534
21.8%
16
Portugal
NGN 80524
25.6%
17
Finland
NGN 74892
30.8%
18
Belgium
NGN 73555
32.0%
19
Netherlands
NGN 67638
37.5%
20
Romania
NGN 63274
41.5%
21
Switzerland
NGN 54295
49.8%
22
Denmark
NGN 0
100.0%
23
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North America
Country
Net pay
Average tax
Rank
Canada
NGN 106447
1.6%
1
USA
NGN 98779
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 108158
0.0%
1
Singapore
NGN 108160
0.0%
2
Hong Kong
NGN 108160
0.0%
3
Thailand
NGN 102752
5.0%
4
Indonesia
NGN 98642
8.8%
5
Taiwan
NGN 98587
8.9%
6
South Korea
NGN 96599
10.7%
7
New Zealand
NGN 95301
11.9%
8
India
NGN 95189
12.0%
9
China
NGN 93899
13.2%
10
Vietnam
NGN 91963
15.0%
11
Pakistan
NGN 90074
16.7%
12
Japan
NGN 87889
18.7%
13
Malaysia
NGN 87871
18.8%
14
Kazakhstan
NGN 85663
20.8%
15
Philippines
NGN 47266
56.3%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 105591
2.4%
1
Brazil
NGN 100047
7.5%
2
Puerto Rico
NGN 99550
8.0%
3
Colombia
NGN 99507
8.0%
4
Ecuador
NGN 97940
9.4%
5
Guatemala
NGN 97789
9.6%
6
Costa Rica
NGN 96803
10.5%
7
Panama
NGN 96264
11.0%
8
Peru
NGN 94638
12.5%
9
Argentina
NGN 89773
17.0%
10
Chile
NGN 89124
17.6%
11
Uruguay
NGN 88583
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 107078
1.0%
1
Angola
NGN 102835
4.9%
2
Uganda
NGN 102752
5.0%
3
Ghana
NGN 102211
5.5%
4
Zambia
NGN 101671
6.0%
5
Morocco
NGN 100869
6.7%
6
Ivory Coast
NGN 100048
7.5%
7
Senegal
NGN 96408
10.9%
8
Cameroon
NGN 91257
15.6%
9
Nigeria
NGN 90027
16.8%
10
Mozambique
NGN 80019
26.0%
11
Kenya
NGN 53604
50.4%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 108160
0.0%
1
Saudi Arabia
NGN 108160
0.0%
2
United Arab Emirates
NGN 102751
5.0%
3
Qatar
NGN 102753
5.0%
4
Lebanon
NGN 100589
7.0%
5
Bahrain
NGN 99500
8.0%
6
Oman
NGN 99506
8.0%
7
Kuwait
NGN 96267
11.0%
8
Israel
NGN 93936
13.2%
9
Turkey
NGN 91115
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.