Income Tax Calculator Nigeria

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary ₦5,844

National Housing Fund (NHF) - ₦146

Income Tax - ₦1,155

Pension contributions - ₦468

Total tax - ₦1,769

Net pay * ₦4,075

Marginal tax rate 32.0%

Average tax rate 30.3%

30.3%Total tax

69.7%

Net pay

The Taxberg

₦4,075

Net pay

₦701

Tax the employer pays

₦1,769

Tax you pay

Total tax paid

₦2,470

Did you know your employer also pays tax on your salary? It costs the employer ₦701 to pay you ₦5,844. In other words, every time you spend ₦10 of your hard-earned money, ₦4.23 goes to the government.

Real tax rate

37.7%

So, with you and the employer both paying tax, what used to be a 30.3% tax rate now rises to 37.7%, meaning your real tax rate is actually 7.4% higher than what it seemed at first.

Summary

Si vous gagnez un salaire brut de ₦12,156,310 par an en Nigeria, vous serez imposé de ₦3,679,588. Cela signifie que votre salaire net sera de ₦8,476,722 par an, ou ₦706,394 par mois. Votre taux d'imposition moyen est 30.3% 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.