Nigeria Tax Calculator

Personal Income Tax (PAYE)

• • Tax-Free Allowance: ₦200,000 + 1% of gross income (minimum ₦200,000)
• • Relief Allowances: 20% of gross income + ₦200,000 (higher of both)
• • Pension Contribution: Up to 10% is tax-deductible
• • NHF Contribution: 2.5% of basic salary

2024 Tax Brackets

Deductible Items

• • Pension contributions (up to 10% of annual income)
• • National Housing Fund contributions
• • Life insurance premiums (up to ₦300,000)
• • Rent paid by employee (up to ₦200,000)