Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦223
Income Tax
- ₦13.97
National Housing Fund (NHF)
- ₦5.57
Pension contributions
- ₦17.84
Total tax
- ₦37.38
Net pay
* ₦186
Marginal tax rate
16.9%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦186
Net pay
₦26.76
Tax the employer pays
₦37.38
Tax you pay
Total tax paid
₦64.14
Did you know your employer also pays tax on your salary? It costs the employer ₦26.76 to pay you ₦223. 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 ₦5,352 a year living in Nigeria, you will be taxed ₦897. That means that your net pay will be ₦4,455 per year, or ₦371 per month. Your average tax rate is 16.8% and your marginal tax rate is 16.9%. 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 ₦16.88, hence, your net pay will only increase by ₦83.12.
Bonus Example
A ₦1,000 bonus will generate an extra ₦831 of net incomes. A ₦5,000 bonus will generate an extra ₦4,156 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
Canada
NGN 5262
1.6%
1
USA
NGN 4881
8.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
NGN 5356
0.0%
1
Singapore
NGN 5352
0.0%
2
Hong Kong
NGN 5352
0.0%
3
Thailand
NGN 5084
5.0%
4
Indonesia
NGN 4881
8.8%
5
Taiwan
NGN 4878
8.9%
6
South Korea
NGN 4780
10.7%
7
New Zealand
NGN 4718
11.9%
8
India
NGN 4712
12.0%
9
Malaysia
NGN 4673
12.7%
10
China
NGN 4646
13.2%
11
Vietnam
NGN 4551
15.0%
12
Japan
NGN 4349
18.7%
13
Kazakhstan
NGN 4239
20.8%
14
Philippines
NGN 2191
59.1%
15
Pakistan
NGN 5352
337.9%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Mexico
NGN 5225
2.4%
1
Brazil
NGN 4952
7.5%
2
Puerto Rico
NGN 4948
7.8%
3
Colombia
NGN 4924
8.0%
4
Ecuador
NGN 4848
9.4%
5
Guatemala
NGN 4839
9.6%
6
Costa Rica
NGN 4790
10.5%
7
Panama
NGN 4757
11.0%
8
Peru
NGN 4684
12.5%
9
Argentina
NGN 4442
17.0%
10
Chile
NGN 4410
17.6%
11
Uruguay
NGN 4383
18.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Kenya
NGN 5352
1,019.4%
1
South Africa
NGN 5298
1.0%
2
Angola
NGN 5191
3.0%
3
Uganda
NGN 5084
5.0%
4
Ghana
NGN 5057
5.5%
5
Zambia
NGN 5031
6.0%
6
Morocco
NGN 4991
6.8%
7
Ivory Coast
NGN 4951
7.5%
8
Cameroon
NGN 4516
15.6%
9
Nigeria
NGN 4455
16.8%
10
Senegal
NGN 2441
54.4%
11
Mozambique
NGN 5352
276.1%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Egypt
NGN 5352
0.0%
1
Saudi Arabia
NGN 5354
0.0%
2
Qatar
NGN 5083
5.0%
3
United Arab Emirates
NGN 5083
5.0%
4
Lebanon
NGN 4977
7.0%
5
Oman
NGN 4923
8.1%
6
Bahrain
NGN 4939
8.3%
7
Kuwait
NGN 4748
11.2%
8
Israel
NGN 4646
13.1%
9
Turkey
NGN 4508
15.8%
10
Show more
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.