Nigeria Tax Calculator
NairaTax provides free Nigerian tax calculators updated for the Nigeria Tax Act 2025, which has been in force since 1 January 2026. Calculations run in your browser; no personal data is stored.
Personal income tax rates for 2026
| Annual taxable income | Rate |
|---|---|
| First ₦800,000 | 0% |
| Next ₦2,200,000 (to ₦3,000,000) | 15% |
| Next ₦9,000,000 (to ₦12,000,000) | 18% |
| Next ₦13,000,000 (to ₦25,000,000) | 21% |
| Next ₦25,000,000 (to ₦50,000,000) | 23% |
| Above ₦50,000,000 | 25% |
Reliefs and deductions
- Rent relief: 20% of annual rent, capped at ₦500,000. It replaces the Consolidated Relief Allowance (CRA), which the Nigeria Tax Act 2025 removed.
- Minimum-wage exemption: employees earning ₦70,000 or less per month pay no PAYE.
- Pension: 8% mandatory employee contribution on Basic, Housing and Transport. Voluntary contributions are also deductible.
- NHF: 2.5% of basic salary.
Other headline rates
- VAT: 7.5%.
- Company Income Tax: 0% for small companies (turnover ≤ ₦50,000,000 and fixed assets ≤ ₦250,000,000, excluding professional-services firms); 30% otherwise.
- Development Levy: 4%, replacing the former Tertiary Education Tax.
- Capital Gains Tax: individuals pay the progressive 0%–25% personal rates; companies pay 30%. The exemption threshold is ₦150,000,000.
- Tax authority: the Federal Inland Revenue Service (FIRS) is now the Nigeria Revenue Service (NRS). PAYE is administered by each State Internal Revenue Service.