Income Tax Calculator Nigeria

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary ₦2,505

National Housing Fund (NHF) - ₦63

Income Tax - ₦438

Pension contributions - ₦200

Total tax - ₦701

Net pay * ₦1,804

Marginal tax rate 32.0%

Average tax rate 28.0%

28%Total tax

72%

Net pay

The Taxberg

₦1,804

Net pay

₦301

Tax the employer pays

₦701

Tax you pay

Total tax paid

₦1,002

Did you know your employer also pays tax on your salary? It costs the employer ₦301 to pay you ₦2,505. In other words, every time you spend ₦10 of your hard-earned money, ₦4 goes to the government.

Real tax rate

35.7%

So, with you and the employer both paying tax, what used to be a 28% tax rate now rises to 35.7%, meaning your real tax rate is actually 7.7% higher than what it seemed at first.

Summary

Si vous gagnez un salaire brut de ₦5,210,504 par an en Nigeria, vous serez imposé de ₦1,458,319. Cela signifie que votre salaire net sera de ₦3,752,185 par an, ou ₦312,682 par mois. Votre taux d'imposition moyen est 28.0% et votre taux d'imposition marginal est 32.0%. 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 ₦32, par conséquent, votre salaire net augmentera seulement de ₦68.

Bonus Example

A ₦1,000 bonus will generate an extra ₦680 of net incomes. A ₦5,000 bonus will generate an extra ₦3,400 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.