Income Tax Calculator Nigeria

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary ₦9,519

National Housing Fund (NHF) - ₦238

Income Tax - ₦1,945

Pension contributions - ₦762

Total tax - ₦2,944

Net pay * ₦6,575

Marginal tax rate 32.0%

Average tax rate 30.9%

30.9%Total tax

69.1%

Net pay

The Taxberg

₦6,575

Net pay

₦1,142

Tax the employer pays

₦2,944

Tax you pay

Total tax paid

₦4,086

Did you know your employer also pays tax on your salary? It costs the employer ₦1,142 to pay you ₦9,519. In other words, every time you spend ₦10 of your hard-earned money, ₦4.29 goes to the government.

Real tax rate

38.3%

So, with you and the employer both paying tax, what used to be a 30.9% tax rate now rises to 38.3%, meaning your real tax rate is actually 7.4% higher than what it seemed at first.

Summary

Si vous gagnez un salaire brut de ₦19,799,998 par an en Nigeria, vous serez imposé de ₦6,124,039. Cela signifie que votre salaire net sera de ₦13,675,959 par an, ou ₦1,139,663 par mois. Votre taux d'imposition moyen est 30.9% et votre taux d'imposition marginal est 32.0%. Ce taux d'imposition marginal signifie que votre revenu supplémentaire immédiat sera imposé à ce taux. Par exemple, une augmentation de ₦100 à votre salaire sera imposé de ₦32, par conséquent, votre salaire net augmentera seulement de ₦68.

Bonus Example

A ₦1,000 bonus will generate an extra ₦680 of net incomes. A ₦5,000 bonus will generate an extra ₦3,400 of net incomes.

Tax per income

₦5,000₦10,000₦15,000₦20,000₦25,000₦30,000₦35,000₦40,000₦45,000₦50,000₦55,000₦60,000₦65,000₦70,000₦75,000₦80,000₦85,000₦90,000₦95,000₦100,000

NOTE* Withholding is calculated based on the Nigeria tables of NG, 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.