Income tax calculator Nigeria
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦2,140
Income Tax
- ₦134
National Housing Fund (NHF)
- ₦53.50
Pension contributions
- ₦171
Total tax
- ₦359
Net pay
*
₦1,781
Marginal tax rate
16.8%
Average tax rate
16.8%
83.2%
Net pay
16.8%
Total tax
Total tax
Net pay
The Taxberg
₦1,781
Net pay
₦257
Tax the employer pays
₦359
Tax you pay
Total tax paid
₦616
Did you know your employer also pays tax on your salary? It costs the employer ₦257 to pay you ₦2,140. 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 ₦111,280 a year living in Nigeria, you will be taxed ₦18,656. That means that your net pay will be ₦92,624 per year, or ₦7,719 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 111282
0.0%
1
Germany
NGN 111287
0.0%
2
Austria
NGN 111287
0.0%
3
Ireland
NGN 111287
0.0%
4
Sweden
NGN 111279
0.0%
5
Norway
NGN 111281
0.0%
6
Spain
NGN 104229
6.4%
7
Italy
NGN 101074
9.2%
8
France
NGN 100504
9.7%
9
Czech Republic
NGN 99039
11.0%
10
Luxembourg
NGN 98989
11.1%
11
Russia
NGN 96814
13.0%
12
Hungary
NGN 90693
18.5%
13
Ukraine
NGN 89580
19.5%
14
Poland
NGN 87382
21.5%
15
Greece
NGN 86976
21.8%
16
Portugal
NGN 82841
25.6%
17
Finland
NGN 77067
30.8%
18
Belgium
NGN 75676
32.0%
19
Netherlands
NGN 69652
37.4%
20
Romania
NGN 65100
41.5%
21
Switzerland
NGN 57260
48.6%
22
Denmark
NGN 0
100.0%
23
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North America
Country
Net pay
Average tax
Rank
Canada
NGN 109522
1.6%
1
USA
NGN 101630
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
NGN 111275
0.0%
1
Singapore
NGN 111281
0.0%
2
Hong Kong
NGN 111280
0.0%
3
Thailand
NGN 105716
5.0%
4
Indonesia
NGN 101487
8.8%
5
Taiwan
NGN 101431
8.9%
6
South Korea
NGN 99386
10.7%
7
New Zealand
NGN 98054
11.9%
8
India
NGN 97934
12.0%
9
China
NGN 96609
13.2%
10
Vietnam
NGN 94616
15.0%
11
Pakistan
NGN 93194
16.3%
12
Japan
NGN 90425
18.7%
13
Malaysia
NGN 90245
18.9%
14
Kazakhstan
NGN 88134
20.8%
15
Philippines
NGN 50355
54.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
NGN 108637
2.4%
1
Brazil
NGN 102935
7.5%
2
Puerto Rico
NGN 102418
8.0%
3
Colombia
NGN 102378
8.0%
4
Ecuador
NGN 100758
9.5%
5
Guatemala
NGN 100610
9.6%
6
Costa Rica
NGN 99596
10.5%
7
Panama
NGN 99044
11.0%
8
Peru
NGN 97370
12.5%
9
Argentina
NGN 92362
17.0%
10
Chile
NGN 91695
17.6%
11
Uruguay
NGN 91138
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
NGN 110167
1.0%
1
Uganda
NGN 105716
5.0%
2
Angola
NGN 105512
5.2%
3
Ghana
NGN 105160
5.5%
4
Zambia
NGN 104603
6.0%
5
Morocco
NGN 103780
6.7%
6
Ivory Coast
NGN 102934
7.5%
7
Senegal
NGN 99259
10.8%
8
Cameroon
NGN 93889
15.6%
9
Nigeria
NGN 92624
16.8%
10
Mozambique
NGN 82734
25.7%
11
Kenya
NGN 56724
49.0%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
NGN 111280
0.0%
1
Saudi Arabia
NGN 111281
0.0%
2
United Arab Emirates
NGN 105719
5.0%
3
Qatar
NGN 105717
5.0%
4
Lebanon
NGN 103490
7.0%
5
Oman
NGN 102381
8.0%
6
Bahrain
NGN 102392
8.0%
7
Kuwait
NGN 99050
11.0%
8
Israel
NGN 96646
13.2%
9
Turkey
NGN 93743
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.