Nigeria PAYE Tax Calculator
Formulas Used
- Gross = Σ earnings
- Pension = 8% of (Basic+Housing+Transport) or manual override
- Deductions = Pension + NHF + NHIS + Other Deductions
- Taxable Income = Gross − Deductions (×12 if Monthly)
- Annual Tax = sum across bands (7%→24%)
- Monthly Tax = Annual Tax ÷ 12
- Net Pay = (Gross ÷ periodFactor) − Monthly Tax
Understanding PAYE Calculation
This paye tax calculator nigeria tool sums your allowances and deducts statutory contributions like pension, NHF, NHIS, then applies progressive tax bands to give you exact monthly PAYE.
Recent FIRS updates in 2024 introduced e‑filing enhancements and digital stamps. The Personal Income Tax Act (PITA) is under review to adjust rates for inflation and the gig economy.
Always cross‑check official FIRS releases for the latest rules. This tax calculator nigeria stays up to date so you can file with confidence.