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🇳🇬 Nigeria Statutory Tax System NGN

Nigeria Salary & Take-Home Calculator

Nigerian progressive PAYE tax ranging from 7% to 24% with CRA and 8% statutory PENCOM pension deduction.

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Enter pre-tax earnings before statutory deductions

0 1,000,000 2,000,000
Quick Select:
Estimated Take-Home Paycheck (MONTHLY)
361,333

After all national taxes (Nigeria) & mandatory social security

Gross Earnings 500,000
Income Tax- 98,667
Pension / Social- 40,000
Effective Tax Rate19.73%
Take-Home72.3%Keep Ratio
Net Take-Home Pay
361,333 (72.3%)
Income Tax (PAYE)
- 98,667 (19.7%)
Social / Pension
- 40,000 (8.0%)
Total Gross Salary 500,000

Multi-Frequency Paycheck Conversion Table

FrequencyGross PayIncome TaxSocial / PensionNet Take-Home
Annual 6,000,000- 1,184,000- 480,000 4,336,000
Monthly 500,000- 98,667- 40,000 361,333
Bi-Weekly 230,769- 45,538- 18,462 166,769
Weekly 115,385- 22,769- 9,231 83,385
Daily (260d) 23,077- 4,554- 1,846 16,677
Hourly (2080h) 2,885- 569- 231 2,085
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⚖️ Nigeria Legal Framework

Administered by Federal Inland Revenue Service (FIRS) under Personal Income Tax Act (PITA).

📊 Official Marginal Tax Brackets

Taxable Range (NGN) Marginal Rate
First ₦300,000 (7%) 7.0%
Next ₦300,000 (11%) 11.0%
Next ₦500,000 (15%) 15.0%
Next ₦500,000 (19%) 19.0%
Next ₦1,600,000 (21%) 21.0%
Above ₦3,200,000 (24%) 24.0%

Frequently Asked Questions about Nigeria Taxes

Statutory answers regarding PAYE, payroll withholding, and social security.

How is employment income tax calculated in Nigeria?

Nigerian progressive PAYE tax ranging from 7% to 24% with CRA and 8% statutory PENCOM pension deduction. The primary tax authority is Federal Inland Revenue Service (FIRS).

What are the statutory deductions in Nigeria?

Statutory deductions include income tax and social contributions (PENCOM Pension: 8.0%).