Personal Income Tax
PAYE Tax Calculator
Based on the Nigeria Tax Act 2025 — New brackets effective 1 January 2026
Your Income Details
₦
₦0₦20M
₦
Statutory Deductions
Pension (8%)
CPS contribution
-₦230,400
NHF (2.5%)
National Housing Fund
-₦90,000
NHIS (5%)
Health Insurance
-₦90,000
Rent Relief
20% of rent, max ₦500K
-₦120,000
Taxable Income
₦3,069,600
Annual Tax
₦342,528
Monthly Tax
₦28,544
Effective Rate
9.5%
Net Annual Income
₦3,257,472
₦271,456/month
Total Deductions
₦872,928
Tax + statutory deductions
Tax by Income Band
Tax Band Breakdown
| Income Band | Rate | Taxable | Tax |
|---|---|---|---|
| ₦0 – ₦800,000 | 0% | ₦800,000 | ₦0 |
| ₦800,001 – ₦3,000,000 | 15% | ₦2,200,000 | ₦330,000 |
| ₦3,000,001 – ₦12,000,000 | 18% | ₦69,600 | ₦12,528 |
| Total Annual Tax | ₦342,528 | ||
* Calculations are based on the Nigeria Tax Act 2025 (effective 1 January 2026). Pension computed at 8% of basic+housing+transport. NHF at 2.5% of gross. NHIS at 5% of basic salary. Always verify with a qualified tax professional.