Income Tax Calculator Nigeria

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary ₦550

National Housing Fund (NHF) - ₦14

Income Tax - ₦57

Pension contributions - ₦44

Total tax - ₦115

Net pay * ₦436

Marginal tax rate 25.8%

Average tax rate 20.9%

20.9%Total tax

79.1%

Net pay

The Taxberg

₦436

Net pay

₦66

Tax the employer pays

₦115

Tax you pay

Total tax paid

₦181

Did you know your employer also pays tax on your salary? It costs the employer ₦66 to pay you ₦550. In other words, every time you spend ₦10 of your hard-earned money, ₦3.29 goes to the government.

Real tax rate

29.3%

So, with you and the employer both paying tax, what used to be a 20.9% tax rate now rises to 29.3%, meaning your real tax rate is actually 8.4% higher than what it seemed at first.

Summary

Si vous gagnez un salaire brut de ₦1,145,019 par an en Nigeria, vous serez imposé de ₦238,838. Cela signifie que votre salaire net sera de ₦906,181 par an, ou ₦75,515 par mois. Votre taux d'imposition moyen est 20.9% et votre taux d'imposition marginal est 25.8%. 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 ₦25.8, par conséquent, votre salaire net augmentera seulement de ₦74.2.

Bonus Example

A ₦1,000 bonus will generate an extra ₦742 of net incomes. A ₦5,000 bonus will generate an extra ₦3,710 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.