Income tax calculator Nigeria

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₦300,040
Income Tax
- ₦47,136
National Housing Fund (NHF)
- ₦7,501
Pension contributions
- ₦24,003
Total tax
- ₦78,640
Net pay
* ₦221,400
Marginal tax rate
31.9%
Average tax rate
26.2%
73.8%
Net pay
26.2%
Total tax
Total tax
Net pay
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Summary
If you make ₦3,600,480 a year living in Nigeria, you will be taxed ₦943,677. That means that your net pay will be ₦2,656,803 per year, or ₦221,400 per month. Your average tax rate is 26.2% and your marginal tax rate is 31.9%. 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 ₦31.88, hence, your net pay will only increase by ₦68.12.
Bonus Example
A ₦1,000 bonus will generate an extra ₦681 of net incomes. A ₦5,000 bonus will generate an extra ₦3,406 of net incomes.
Tax per income
₦305,000
₦310,000
₦315,000
₦320,000
₦325,000
₦330,000
₦335,000
₦340,000
₦345,000
₦350,000
₦355,000
₦360,000
₦365,000
₦370,000
₦375,000
₦380,000
₦385,000
₦390,000
₦395,000
₦400,000
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.