Income Tax Calculator Nigeria

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary ₦900

National Housing Fund (NHF) - ₦22

Income Tax - ₦115

Pension contributions - ₦72

Total tax - ₦210

Net pay * ₦690

Marginal tax rate 29.1%

Average tax rate 23.3%

23.3%Total tax

76.7%

Net pay

The Taxberg

₦690

Net pay

₦108

Tax the employer pays

₦210

Tax you pay

Total tax paid

₦318

Did you know your employer also pays tax on your salary? It costs the employer ₦108 to pay you ₦900. In other words, every time you spend ₦10 of your hard-earned money, ₦3.53 goes to the government.

Real tax rate

31.5%

So, with you and the employer both paying tax, what used to be a 23.3% tax rate now rises to 31.5%, meaning your real tax rate is actually 8.2% higher than what it seemed at first.

Summary

Si vous gagnez un salaire brut de ₦1,871,750 par an en Nigeria, vous serez imposé de ₦436,773. Cela signifie que votre salaire net sera de ₦1,434,977 par an, ou ₦119,581 par mois. Votre taux d'imposition moyen est 23.3% et votre taux d'imposition marginal est 29.1%. 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 ₦29.1, par conséquent, votre salaire net augmentera seulement de ₦70.9.

Bonus Example

A ₦1,000 bonus will generate an extra ₦709 of net incomes. A ₦5,000 bonus will generate an extra ₦3,545 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.