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RESOURCES · CALCULATOR

Work out what you owe

Two calculators using exactly the rules the assessment desk applies: the PAYE computation with the Consolidated Relief Allowance and the six graduated bands, and the vehicle licensing schedule itemised by statutory component. Nothing you enter leaves your browser.

Your income

Enter gross income before any deduction. The calculator applies the reliefs automatically.

Statutory deductions

Life assurance premium, NHIA contribution, interest on an owner-occupier housing loan.

This is an estimate, not an assessment.

It applies the Personal Income Tax Act rules to the figure you enter. Your actual assessment depends on benefits in kind, income from other sources and any relief you claim. Nothing entered here is transmitted to the Service.

Annual tax payable

₦0.00

Monthly deduction

₦0.00

Effective rate

0.00%

How the taxable income is arrived at

Gross annual incomeBefore any deduction
₦0.00
Less: Consolidated Relief AllowanceHigher of ₦200,000 or 1% of gross, plus 20% of gross
₦0.00
Less: pension contribution8% of gross
₦0.00
Less: National Housing Fund2.5% of gross
₦0.00
Less: other allowable deductionsAs entered
₦0.00
Total reliefs and deductionsSum of the above
₦0.00
Taxable income
₦0.00

Tax by graduated band

The six PITA bands, applied in order to taxable income.

Band Rate Income in band Tax
Annual tax payable ₦0.00

Net income after tax and statutory deductions

Gross less tax, pension, NHF and other deductions entered.

₦0.00

The PITA graduated bands

Applied to taxable income — gross income after the Consolidated Relief Allowance and statutory deductions have been taken out.

Band Taxable income in the band Rate Maximum tax in the band
1 First ₦300,000 7% ₦21,000
2 Next ₦300,000 11% ₦33,000
3 Next ₦500,000 15% ₦75,000
4 Next ₦500,000 19% ₦95,000
5 Next ₦1,600,000 21% ₦336,000
6 Above ₦3,200,000 24% On the balance

Personal Income Tax Act Cap P8 LFN 2004 (as amended), Sixth Schedule. Consolidated Relief Allowance under section 33.

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