Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦1,465
Income Tax
- ₦91.78
National Housing Fund (NHF)
- ₦36.63
Pension contributions
- ₦117
Total tax
- ₦246
Net pay
*
₦1,219
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦1,219
Net pay
₦176
Tax the employer pays
₦246
Tax you pay
Total tax paid
₦421
Did you know your employer also pays tax on your salary? It costs the employer ₦176 to pay you ₦1,465. In other words, every time you spend ₦10 of your hard-earned money, ₦2.88 goes to the government.
Real tax rate
25.7%
So, with you and the employer both paying tax, what used to be a 16.8% tax rate now rises to 25.7%, meaning your real tax rate is actually 8.9% higher than what it seemed at first.
Summary
If you make ₦35,160 a year living in Nigeria, you will be taxed ₦5,895. That means that your net pay will be ₦29,265 per year, or ₦2,439 per month. Your average tax rate is 16.8% and your marginal tax rate is 16.8%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of ₦100 in your salary will be taxed ₦16.77, hence, your net pay will only increase by ₦83.23.
Bonus Example
A ₦1,000 bonus will generate an extra ₦832 of net incomes. A ₦5,000 bonus will generate an extra ₦4,162 of net incomes.
Europe
Country
Net pay
Average tax
Rank
United Kingdom
NGN 35165
0.0%
1
Germany
NGN 35165
0.0%
2
Austria
NGN 35165
0.0%
3
Ireland
NGN 35165
0.0%
4
Sweden
NGN 35160
0.0%
5
Norway
NGN 35160
0.0%
6
Spain
NGN 32919
6.3%
7
Italy
NGN 31939
9.2%
8
France
NGN 31761
9.7%
9
Czech Republic
NGN 31293
11.0%
10
Luxembourg
NGN 31279
11.1%
11
Russia
NGN 30589
13.0%
12
Hungary
NGN 28655
18.5%
13
Ukraine
NGN 28304
19.5%
14
Poland
NGN 27607
21.5%
15
Greece
NGN 27483
21.8%
16
Portugal
NGN 26182
25.5%
17
Finland
NGN 24346
30.8%
18
Belgium
NGN 23901
32.0%
19
Netherlands
NGN 21102
40.0%
20
Romania
NGN 20567
41.5%
21
Denmark
NGN 0
100.0%
22
Switzerland
NGN 35158
134.7%
23
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North America
Country
Net pay
Average tax
Rank
Canada
NGN 34601
1.6%
1
USA
NGN 32121
8.6%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 35164
0.0%
1
Singapore
NGN 35155
0.0%
2
Hong Kong
NGN 35160
0.0%
3
Thailand
NGN 33402
5.0%
4
Indonesia
NGN 32066
8.8%
5
Taiwan
NGN 32048
8.9%
6
South Korea
NGN 31402
10.7%
7
New Zealand
NGN 30979
11.9%
8
India
NGN 30944
12.0%
9
China
NGN 30524
13.2%
10
Malaysia
NGN 29986
14.7%
11
Vietnam
NGN 29895
15.0%
12
Japan
NGN 28571
18.7%
13
Kazakhstan
NGN 27847
20.8%
14
Pakistan
NGN 17074
51.4%
15
Philippines
NGN 14396
59.1%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 34325
2.4%
1
Brazil
NGN 32522
7.5%
2
Puerto Rico
NGN 32373
8.0%
3
Colombia
NGN 32347
8.0%
4
Ecuador
NGN 31836
9.5%
5
Guatemala
NGN 31789
9.6%
6
Costa Rica
NGN 31468
10.5%
7
Panama
NGN 31289
11.0%
8
Peru
NGN 30766
12.5%
9
Argentina
NGN 29183
17.0%
10
Chile
NGN 28972
17.6%
11
Uruguay
NGN 28796
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 34809
1.0%
1
Angola
NGN 34105
3.0%
2
Uganda
NGN 33402
5.0%
3
Ghana
NGN 33226
5.5%
4
Zambia
NGN 33051
6.0%
5
Morocco
NGN 32790
6.7%
6
Ivory Coast
NGN 32523
7.5%
7
Senegal
NGN 29686
15.6%
8
Cameroon
NGN 29665
15.6%
9
Nigeria
NGN 29265
16.8%
10
Mozambique
NGN 16509
53.1%
11
Kenya
NGN 35160
155.2%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 35160
0.0%
1
Saudi Arabia
NGN 35162
0.0%
2
United Arab Emirates
NGN 33401
5.0%
3
Qatar
NGN 33404
5.0%
4
Lebanon
NGN 32699
7.0%
5
Bahrain
NGN 32351
8.0%
6
Oman
NGN 32326
8.1%
7
Kuwait
NGN 31270
11.0%
8
Israel
NGN 30537
13.2%
9
Turkey
NGN 29619
15.8%
10
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NOTE* Withholding is calculated based on the tables of Nigeria, 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.