Income Tax in Nigeria — 2026 Guide
Key insight: Employers in most countries withhold income tax automatically, but separate social-security or payroll contributions can add meaningfully to what actually comes off your paycheck — always check for these alongside the headline income tax rate.
Nigeria uses a progressive income tax system, with marginal rates rising from the lowest bracket up to a top rate of 24%.
At a glance
- Currency: NGN (₦)
- Tax year: 2026
- Top marginal rate: 24%
- Standard deduction (estimated): ₦21,470,000
- Typical filing deadline: 30 June
How income tax works here
Most residents of Nigeria pay tax on income earned during the 2026 tax year. Employers typically withhold tax throughout the year, with a final reconciliation filed after the year ends. Self-employed individuals and those with additional income sources usually need to file a return directly with the tax authority.
Use the calculator on this page to estimate your take-home pay: enter your gross annual income and see an instant breakdown of tax owed, effective rate, and net income.
Important note on accuracy
The figures on this page are estimates for planning purposes, generated from a simplified model of Nigeria's tax system. They do not account for every credit, allowance, surcharge, or regional variation that may apply to your situation. Always confirm your final tax position with Nigeria's official tax authority or a licensed local tax advisor before filing or making financial decisions.