Personal Income Tax

Compare old vs new law instantly

Smart Reliefs

Include pension, NHF, rent, insurance

Monthly Impact

See take-home and effective rate

PAYE Tax Calculator

Old Law vs New Law Comparison — Simulate the tax rates under the proposed Nigeria Tax bill and current law.
Actual tax payable may be less subject to deductible contributions (pension, NHF, etc.).

Basic Information

Gross Annual Income (₦)

Additional Deductions (Optional)

NHF Contribution (₦)

NHIS Contribution (₦)

Pension Contribution (₦)

Interest on Loan – Owner Occupied House (₦)

Life Insurance Premium (You & Spouse) (₦)

Annual Rent (₦)

National Minimum Wage earners are EXEMPT from PAYE tax

Income Breakdown
Gross Annual Income
NHF Contribution
NHIS Contribution
Pension Contribution
Interest on Loan (Owner Occupied House)
Life Insurance Premium
Annual Rent
Taxable Income

Summary – New Law
Monthly Salary
Monthly PAYE Tax
Effective Tax Rate

Income Breakdown
Gross Annual Income
Personal Relief
Consolidated Relief Allowance
Taxable Income

Summary – Old Law
Monthly Salary
Monthly PAYE Tax
Effective Tax Rate

Tax Comparison

Metric	Old Law	New Law	Difference
Annual Tax
Monthly Tax
Effective Tax Rate
Take-Home Pay (Monthly)

Tax Brackets	Taxable Income	Tax Due
First ₦800,000 @ 0%
Next ₦2,200,000 @ 15%
Next ₦9,000,000 @ 18%
Next ₦13,000,000 @ 21%
Next ₦25,000,000 @ 23%
Above ₦50,000,000 @ 25%
Total

Tax Brackets	Taxable Income	Tax Due
First ₦300,000 @ 7%
Next ₦300,000 @ 11%
Next ₦500,000 @ 15%
Next ₦500,000 @ 19%
Next ₦1,600,000 @ 21%
Above ₦3,200,000 @ 24%
Total