Total tax paid
₦5,355
Did you know your employer also pays tax on your salary? It costs the employer ₦2,158 to pay you ₦17,983. In other words, every time you spend ₦10 of your hard-earned money, ₦2.98 goes to the government.
Real tax rate
26.6%
So, with you and the employer both paying tax, what used to be a 17.8% tax rate now rises to 26.6%, meaning your real tax rate is actually 8.8% higher than what it seemed at first.