Income Tax Calculator Nigeria

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary ₦1,803

National Housing Fund (NHF) - ₦45

Income Tax - ₦287

Pension contributions - ₦144

Total tax - ₦477

Net pay * ₦1,326

Marginal tax rate 31.9%

Average tax rate 26.4%

26.4%Total tax

73.6%

Net pay

The Taxberg

₦1,326

Net pay

₦216

Tax the employer pays

₦477

Tax you pay

Total tax paid

₦693

Did you know your employer also pays tax on your salary? It costs the employer ₦216 to pay you ₦1,803. In other words, every time you spend ₦10 of your hard-earned money, ₦3.84 goes to the government.

Real tax rate

34.3%

So, with you and the employer both paying tax, what used to be a 26.5% tax rate now rises to 34.3%, meaning your real tax rate is actually 7.8% higher than what it seemed at first.

Summary

Si vous gagnez un salaire brut de ₦3,749,990 par an en Nigeria, vous serez imposé de ₦991,338. Cela signifie que votre salaire net sera de ₦2,758,652 par an, ou ₦229,888 par mois. Votre taux d'imposition moyen est 26.4% et votre taux d'imposition marginal est 31.9%. Ce taux d'imposition marginal signifie que votre revenu supplémentaire immédiat sera imposé à ce taux. Par exemple, une augmentation de ₦100 à votre salaire sera imposé de ₦31.9, par conséquent, votre salaire net augmentera seulement de ₦68.1.

Bonus Example

A ₦1,000 bonus will generate an extra ₦681 of net incomes. A ₦5,000 bonus will generate an extra ₦3,405 of net incomes.

Tax per income

₦5,000₦10,000₦15,000₦20,000₦25,000₦30,000₦35,000₦40,000₦45,000₦50,000₦55,000₦60,000₦65,000₦70,000₦75,000₦80,000₦85,000₦90,000₦95,000₦100,000

NOTE* Withholding is calculated based on the Nigeria tables of NG, 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.