Nigeria NaijaTax Hub Portal

Easily calculate and manage your taxes with up-to-date reform information

Quick Personal Income Tax Calculator

Personal Income Tax (PIT) Brackets & Examples

Annual Income NGN	Tax Rate	Illustration / Example
0 – 800,000	0 %	NGN600,000 salary – NGN0 PIT
800,001 – 3,000,000	15 %	NGN5,000,000 salary – taxed progressively ~14%
3,000,001 – 12,000,000	18%	Higher earners taxed progressively
12,000,001 – 25,000,000	21% – 23%	Upper-middle incomes
Above 25,000,000	25%	Top earners pay maximum PIT rate

Authorized Service Providers

We explore government-authorized Service Providers in Nigeria that facilitate e-Invoices under FIRS regulations. Click on a Login to access our platform and resources.

System Integrator A

ERP integration, hardware setup, invoice schema compliance, and full FIRS support.

System Integrator B

Custom invoicing software, digital certificate management, POS integration, and real-time FIRS reporting.

Access Point Provider X

Secure data transmission, invoice validation, interoperability with UBL/Peppol, and fiscalization support.

📘 THE NEW TAX LAW Q&A

(Specific Focus on Individuals and Small Businesses)

A1: The new Nigeria Tax Act takes effect from 1st January 2026.

A2: It applies to all individuals who earn income in Nigeria (workers, content creators, remote workers, influencers, traders, etc.) and to Nigerians earning income abroad if they are tax residents in Nigeria.

A3: NO. Moving money around (via POS, transfers, deposits, or withdrawals) is not a taxable event. What is taxed is income earned.

A4: NO. Just having money in your account is not taxable. Only the income you earn (like salary, business profits, or interest) is what can be taxed.

A5: NO. If you have no taxable income, you won't pay tax.

A6: YES. It will be easier for authorities to track compliance. However, your bank balances will not be taxed; profits and income are.

A7: NO. Loans are not taxable given that they are not income. However, the interest income earned by lenders will be taxed in their hands.

A8: If registered as an enterprise (business name), you pay Personal Income Tax. If registered as a limited liability company then you pay Company Income Tax.

A9: NO, as long as the shares you sold are not more than ₦150 million in value, and the gain is not above ₦10 million. If higher, the gain becomes taxable.

A10: NO. Approved pension and retirement benefits are exempt from tax.

A11: NO. The salaries of military officers are now tax-exempt.

A12: NO. Creatives must now pay Nigerian tax on their income earned within Nigeria and outside.

A13: YES. Profits from crypto, NFTs, and other digital assets are now taxed.

A14: Individuals earning the national minimum wage or less, and those earning below ₦800,000 annually, are exempt.

A15:

First ₦800,000 @ 0%
Next ₦2.2m @ 15%
Next ₦9m @ 18%
Next ₦13m @ 21%
Next ₦25m @ 23%
Above ₦50m @ 25%

A16: You won't pay tax if it is ₦50 million or less. If it is more, the excess will be taxed using the progressive bands.

A17: Dividends, interests, rent, royalties earned from outside Nigeria are EXEMPT provided they are brought into Nigeria through approved channels (banks).

A18: NO. Disability pensions earned by the soldier or anyone in the armed forces will be completely tax-exempt.

A19: NO. Agricultural companies (crop production, livestock, forestry, dairy, cocoa processing) will enjoy a 5-year tax holiday from start of operations.

A20: NO. All government bonds are exempt from tax.

A21: From 2026, individuals can claim rent relief of 20% of the annual rent paid, capped at ₦500,000. You must declare actual rent and provide details to the tax authority.

A22:

Summary example: Under the old law tax ~₦896,000. Under the new law (with ₦500k rent relief) tax ~₦780,000 — you save ~₦116,000.

This increases your net take-home pay.

A23: NO. Small companies with turnover less than ₦50m are exempt.

A24: YES. You will pay tax in Nigeria unless your salary is explicitly exempt under a treaty or diplomatic arrangement.

A25: NO in some cases — for example where their employer is a start-up or operates in tech/creative arts and their income is already taxed in their country of residence. (Specific cases depend on employment status, treaties and residency.)

💡 Did You Know? Under the new Nigeria Tax Act, individuals earning ₦800,000 or less yearly are completely tax-exempt.

Latest News

FULL LIST: FG releases 50 exemptions, reliefs under new tax reform laws

November 3, 2025

The Federal Government has unveiled a comprehensive list of 50 tax exemptions and reliefs aimed at reducing financial burdens and stimulating growth under the new tax reform laws.

Read Full News

📊 Nigeria Tax Reform 2025 – Transparency • Equity • Progress

Tax reforms: FG pledges stakeholder consultation before 2026

November 3, 2025

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured that the Federal Government will maintain open consultation with business leaders and stakeholders ahead of the implementation of the new Tax Acts in 2026.

Read Full News

“The reforms, effective from 1 January 2026, are designed to support low-income earners, average taxpayers, and small businesses.” – Presidential Committee on Tax Reforms

Nigeria's comprehensive tax reform, effective Jan 1, 2026, introduces a modern, equitable, and efficient tax system balancing revenue growth, transparency, and protection for low-income earners.